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Belding Building 110 N San Joaquin St 22 018 pi² 39% Loué Bureau Immeuble Stockton, CA 95202 3 968 825 $ CAD (180,25 $ CAD/pi²) 6,20% Taux de capitalisation



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Faits saillants de l'investissement
- Five-story owner/user office and retail building in Downtown Stockton
- Located directly across from the Superior Court of California – County of San Joaquin
- Additional tenancy by Downtown Stockton Alliance
- Potential to occupy 13,410 SF across floors 2 & 4
- Ground floor leased to Cast Iron Trading Co., a popular local gastropub
- Offers a historic presence with immediate income
Résumé de l'annonce
The Belding Building presents a rare opportunity to acquire one of Downtown Stockton’s most recognizable historic properties. The five-story, ±22,018-square-foot building combines distinctive early twentieth-century architecture with a prominent location in the heart of Stockton’s business district. Built in 1915, the property offers identity that cannot be replicated through new construction, creating an attractive platform for an owner-user, investor, or organization seeking a visible downtown presence.
The property benefits from a diverse mix of office, coworking, and restaurant tenancy, providing meaningful in-place income from day one.
Based on the current pro forma, the building generates approximately $295,920 in scheduled annual base revenue, before vacancy, and approximately $177,206 in net operating income. At the asking price, this equates to an approximate 6.2% going-in capitalization rate, offering an incoming buyer immediate cash flow with the potential to improve performance through active management, future leasing, and expense efficiencies.
For an owner-user, the Belding Building provides the ability to establish a headquarters while retaining income from other portions of the property. The upper floors offer flexible office configurations that can accommodate a single larger occupant or multiple smaller users over time.
This structure allows a buyer to offset a significant portion of its occupancy costs with revenue, while controlling a highly visible and architecturally significant downtown asset. The building can deliver ±13,410 sq. ft. across floors 2 through 4.
The building is directly across from the Superior Court of California, County of San Joaquin, and adjacent to City-owned public parking, creating a compelling location for legal, governmental, professional-service, and nonprofit users. The ground-floor presence of Cast Iron Trading Co., further activates the property.
With its combination of historic character, existing income, occupancy flexibility, and an asking price of approximately $128 per square foot, 110 N. San Joaquin Street is a strong value opportunity in the heart of Downtown Stockton.
The property benefits from a diverse mix of office, coworking, and restaurant tenancy, providing meaningful in-place income from day one.
Based on the current pro forma, the building generates approximately $295,920 in scheduled annual base revenue, before vacancy, and approximately $177,206 in net operating income. At the asking price, this equates to an approximate 6.2% going-in capitalization rate, offering an incoming buyer immediate cash flow with the potential to improve performance through active management, future leasing, and expense efficiencies.
For an owner-user, the Belding Building provides the ability to establish a headquarters while retaining income from other portions of the property. The upper floors offer flexible office configurations that can accommodate a single larger occupant or multiple smaller users over time.
This structure allows a buyer to offset a significant portion of its occupancy costs with revenue, while controlling a highly visible and architecturally significant downtown asset. The building can deliver ±13,410 sq. ft. across floors 2 through 4.
The building is directly across from the Superior Court of California, County of San Joaquin, and adjacent to City-owned public parking, creating a compelling location for legal, governmental, professional-service, and nonprofit users. The ground-floor presence of Cast Iron Trading Co., further activates the property.
With its combination of historic character, existing income, occupancy flexibility, and an asking price of approximately $128 per square foot, 110 N. San Joaquin Street is a strong value opportunity in the heart of Downtown Stockton.
Faits sur la propriété
Type de vente
Investissement ou propriétaire utilisateur
Type de propriété
Bureau
Taille du bâtiment
22 018 pi²
Classe d’immeuble
B
Année de construction/rénovation
1915/2008
Prix
3 968 825 $ CAD
Prix par pi²
180,25 $ CAD
Taux de capitalisation
6,20%
Revenu net d’exploitation
246 067 $ CAD
Pourcentage loué
39%
Location
Multiples
Hauteur du bâtiment
5 étages
Superficie de plancher typique
4 404 pi²
Coefficient d’occupation des sols de l’immeuble
4,21
Taille du lot
0,12 AC
Zone de développement économique
Oui
Commodités
- Restaurant
1 1
Très accessible à pied
80/100
Exceptionnellement adapté aux voitures
90/100
Bons transports en commun
70/100
Plutôt accessible en vélo
50/100
Impôts fonciers
| Numéro de lot | 139-120-11 | Évaluation des bâtiments | 2 947 276 $ CAD |
| Évaluation du terrain | 165 371 $ CAD | Évaluation totale | 3 112 647 $ CAD |
Impôts fonciers
Numéro de lot
139-120-11
Évaluation du terrain
165 371 $ CAD
Évaluation des bâtiments
2 947 276 $ CAD
Évaluation totale
3 112 647 $ CAD
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Belding Building | 110 N San Joaquin St
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