321 Weber AveStockton, CA 95202

Property Details for 321 Weber Ave

Lot size

1.24 AC

Zone code

CD

Property type

Land

Property subtype

Commercial land

APN

137-270-230-000

APU

137270230000

Description

This exceptional investment opportunity presents a 23,336 square foot, four-story commercial building located at 321 E Weber Ave, Stockton, CA 95202. Currently leased to a charter school tenant under a triple-net lease expiring June 1, 2025, with a remaining lease term of 0.5 years and rent bumps included. The property boasts a 0.86% cap rate and a net operating income (NOI) of $28,644. The asking price is $3,345,000, translating to $143.34 per square foot and $557,500 per unit (6 units total). Built in 1945, the building features a 15-foot ceiling height and underwent interior remodeling in 2016. Situated on a 0.107-acre lot, the property benefits from its prime downtown location with high foot traffic and is zoned for commercial use. The APN is 139-120-14. This turnkey investment property offers a stable income stream and is well-suited for 1031 exchange purposes. The property's strong fundamentals and location make it an attractive opportunity for discerning investors seeking consistent cash flow and long-term appreciation potential.

• Alternative Use

  Use

  Valuation

  Residential

  $10,398,844

  Hospitality

  $9,525,286

  Educational

  $7,924,926

  Medical

  $8,197,476

  Retail

  $12,327,662

Location Insight

City

Stockton

County

San Joaquin

State

California

Latitude

37.9532

Longitude

-121.295

CBSA code

44700

CBSA name

STOCKTON, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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