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    2224 J St Sacramento, CA 95816

    Sponsored
    For Sale
    $1,100,000

    Historic Craftsman building, high rental income.

    Property size:
    4,644 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    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 Features for 2224 J St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,644 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1925
    Property Profile Location Intelligence

    Current Use by Public Records

    Healthy Habits Studio Physical Fitness Program Reno Gorman Gym Otten Deborah L Marriage Or Relationship Counselor Xavier Massage Massage Therapist Harmony Massage Massage Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sacramento
    County
    Sacramento
    State
    California
    Longitude
    -121.4763
    Latitude
    38.5755

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Craftsman building, high rental income.
    Where is this commercial real estate located?
    The property is located at 2224 J St Sacramento, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    586-8353
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    2224 J St Sacramento, CA 95816
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    Sacramento, CA 95816
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2224 J St Sacramento, CA 95816
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