For Sale
$1,100,000

2224 J StSacramento, CA 95816

Historic Craftsman building, high rental income.

Overview

Added:
Feb 3
Days on market:
63
This exceptional 4,644 square foot mixed-use property, situated on a 0.07-acre lot at 2224 J Street in Sacramento's vibrant Midtown, presents a compelling investment opportunity. Built circa 1920, this beautifully maintained Craftsman building boasts a rich history, previously serving as the Lioness Bookstore and Sacramento Women's Center. Currently, the property enjoys almost full occupancy, with seven short-term leases to physical and massage therapists occupying the upper floor's eight private offices. The first floor houses a long-term tenant, a fitness trainer, who recently completed a full interior remodel. Long-term owners have invested significantly in the building's infrastructure, including the installation of a commercial water line, fire sprinklers, and an accessible lift connecting the street to the first floor. Recent upgrades (2024) include a new water heater and HVAC unit on the first floor. The property offers substantial upside potential for investors or developers. The second floor, originally configured as two shotgun-style apartments, could be redeveloped back into residential units. Further expansion possibilities include the addition of an elevator and a potential third-story attic apartment suite. The City of Sacramento should be consulted regarding permissible mixed-use development options. This property presents a rare blend of historic charm, strong current income, and significant future development potential.

Property Details for 2224 J St

Property type
Square Feet
4,644 SF
Year Built
1925
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5755
Longitude
-121.4763
2224 J St, Sacramento, California

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2224 J St
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