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The Medico-Dental Building, Commercial Zones 242 N Sutter St 57 Unit Apartment Building $1,244,112 CAD ($21,827 CAD/Unit) Stockton, CA 95202
INVESTMENT HIGHLIGHTS
- Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
- Over 8,500 SF on Floors 10–12, with 5,000+ SF usable now
- Neighboring parcel just acquired by San Joaquin County Office of Education for expansion, anchoring the area’s revival
- 11,000 SF ground floor shell with 17+ ft ceilings
- Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
- Millions in upgrades: seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows & doors
EXECUTIVE SUMMARY
The Medico-Dental Building, Stockton's first skyscraper and now its 3rd tallest, is a 12-story Gothic Revival landmark at Miner & Sutter. Offered lender-owned at under $900k, this is a rare redevelopment opportunity. Includes ~11,000 SF of ground floor shell plus 8,500+ SF on floors 10-12 (5,000+ SF usable now). Ground floor features 17+ ft ceilings, exposed brick/timber, nearly all new windows/doors, and utilities ready to pop up from the basement. South wing includes a 2,539 SF showroom with a 2,444 SF former tire shop plus 1,100 SF with retail frontage or adaptive reuse potential. Basement adds 2,000+ SF of secure storage. The 11th & 12th floors each provide 2,500+ SF open-slate creative space with skyline views; the 10th (~3,000 SF) is leased to a telecom tenant for future upside. Millions invested in seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows, and doors. Zoned CD (Commercial Downtown) with broad permitted uses. Walking distance to courthouse, county offices, arena, hotels, and one block from the city bus terminal. Neighboring parcel acquired by San Joaquin County Office of Education for expansion, anchoring this site at the heart of Stockton's downtown revival.
PROPERTY FACTS
| Price | $1,244,112 CAD | Apartment Style | Mid-Rise |
| Price Per Unit | $21,827 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Sale Condition | REO Sale | Building Size | 57,000 SF |
| No. Units | 57 | No. Stories | 12 |
| Property Type | Multifamily | Year Built | 1926 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | CD | ||
| Price | $1,244,112 CAD |
| Price Per Unit | $21,827 CAD |
| Sale Type | Investment |
| Sale Condition | REO Sale |
| No. Units | 57 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 57,000 SF |
| No. Stories | 12 |
| Year Built | 1926 |
| Opportunity Zone |
Yes |
| Zoning | CD |
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,596,570 CAD | |
| Land Assessment | $404,431 CAD | Total Assessment | $3,001,001 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$404,431 CAD
Improvements Assessment
$2,596,570 CAD
Total Assessment
$3,001,001 CAD
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The Medico-Dental Building, Commercial Zones | 242 N Sutter St
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