Lioness Building | 2224 J St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Lioness Building 2224 J St
4,644 SF 95% Leased Retail Building Sacramento, CA 95816 $1,545,148 CAD ($333 CAD/SF) 4.70% Cap Rate
Executive Summary
Prime Midtown location for this almost completely leased, circa 1920 two-story Craftsman with great bones, and a storied history as the Lioness Bookstore and Sacramento Women's Center. It originally had two shotgun style apartments on the upper floor, which now has 8 private offices, 7 of which are on short-term leases to physical and massage therapists. The Property is currently well-managed by a local professional company. Current first floor long-term tenant recently completely remodeled her space interior and it shows! Long-time owners have done a lot of work on building, including installing a commercial water line, commercial fire sprinklers throughout, and an accessible lift from the street level to the first floor. First floor also has had a new water heater and HVAC unit in 2024. Building has potential upside for an investor or developer to redevelop the second floor back into apartments, and/or install an elevator and possibly add a third story attic apartment suite. This building has more than one Mixed-Use possibility. Check with City for options to explore.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $109,565 | $23.59 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $109,565 | $23.59 |
Net Operating Income | - | - |
Financial Summary (Actual - 2024)
Gross Rental Income (CAD) | |
---|---|
Annual | $109,565 |
Annual Per SF | $23.59 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $109,565 |
Annual Per SF | $23.59 |
Net Operating Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,644 SF
Building Class
C
Year Built
1920
Price
$1,545,148 CAD
Price Per SF
$333 CAD
Cap Rate
4.70%
NOI
$72,622 CAD
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.33
Land Acres
0.08 AC
Zoning
C-2-MC
Frontage
40 ft on J St
Amenities
- Security System
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 007-0093-008 | Improvements Assessment | $213,119 CAD |
Land Assessment | $139,040 CAD | Total Assessment | $352,159 CAD |
PROPERTY TAXES
Parcel Number
007-0093-008
Land Assessment
$139,040 CAD
Improvements Assessment
$213,119 CAD
Total Assessment
$352,159 CAD
1 of 21
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Lioness Building | 2224 J St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.