For Sale
$1,350,000

1110 Lodi AveLodi, CA 95240

Prime Lodi location, two combined lots, build-ready.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional commercial property in Lodi, California, presents a unique investment opportunity. Located at 1110 W Lodi Ave (APN 033-100-15), this combined corner lot encompasses two parcels, previously occupied by the Sunset Theater and Alexander's Bakery. The property is zoned for theater use and is offered at an asking price of $1,350,000. The Sunset Theater, a concrete structure with a roof (requiring minor repairs), is ready for redevelopment. All hazardous materials have been professionally removed, and the site is fully prepared for construction. Existing infrastructure includes sewer connections, water access, temporary power, drainage to the city system, and underground supply lines, streamlining the building process. Detailed building plans, previously approved by the City of Lodi, are included, along with a lidar scan of the theater prior to demolition. The Sunset Theater's prior approval for addition to the National Register of Historic Places by the United States Park Service offers a potential 20% tax credit for restoration costs, spread over five years. This represents a significant cost savings compared to the cleanup expenses already incurred. This is a rare chance to acquire a build-ready commercial property in a desirable location at a price significantly below the investment in site preparation.

Highlights

  • Exceptional investment opportunity: 1110 W Lodi Ave, Lodi, CA (APN 033-100-15).
  • Combined corner lot, previously Sunset Theater & Alexander's Bakery, zoned for theater use.
  • Asking price: $1,350,000.
  • Build-ready: Concrete theater structure (minor roof repairs needed), hazardous materials removed, infrastructure in place (sewer, water, power, drainage).
  • Approved building plans & lidar scan included; potential 20% tax credit for restoration (National Register of Historic Places).
  • Significantly below site preparation costs.

Property Details for 1110 Lodi Ave

Property type
Land

Location Insight

City
Lodi
County
San Joaquin
State
California
Latitude
38.1296714
Longitude
-121.2866226
1110 Lodi Ave, Lodi, California

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1110 Lodi Ave
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