Lioness Building 2224 J St 4,644 SF 100% Leased Retail Building Sacramento, CA 95816 $1,261,922 CAD ($271.73 CAD/SF) 5.59% Cap Rate

Prime Midtown location for this almost completely leased, circa 1920 two-story Craftsman with great bones, and a storied history as the Lioness Bookstore and Sacramento Women's Center. It originally had two shotgun style apartments on the upper floor, which now has 8 private offices, 8 of which are on short-term leases to physical and massage therapists. The Property is currently well-managed by a local attentive and responsive professional company. Current first floor long-term fitness trainer tenant recently completely remodeled her space interior and it shows! Long-time owners have done a lot of work on building, including installing a commercial water line, building fire sprinklers, and an accessible lift from the street level to the first floor. First floor also has had a new water heater and HVAC unit in 2024. Building has potential upside for an investor or developer to redevelop the second floor back into apartments, and/or install an elevator and possibly add a third story attic apartment suite. This building has more than one Mixed-Use possibility. Check with City for options to explore. Please contact: Perry Arnold: 916-995-7131 or Kari Bryski: 916-606-3828