Historic Three-Story Mixed-Use
122 J Street Sacramento, CA 81201
122 J Street, Sacramento, CA, 81201
Contact for pricing
For Sale
Contact for pricing
Three-story Gold Rush-era building with ground-floor retail and adaptable upper floors for office or creative use.
Property Size6,000 SF
Price / SF$183.33
Days on Market56
Property Features for 122 J Street
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1853
Listing agency
Newmark - Sacramento
(916) 920-4400
Listed by
Mike Smith · License #CA 01504428
Source
Crexi
Added: May 28 Updated: Jul 22 at 6:49AM Checked: Jul 22 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Sacramento
Investment Insights
Based on property information with market context.
122 J Street is a historic, three-story Gold Rush–era building originally constructed in 1853. The property includes ground-floor retail space with upper floors presented as adaptable for office, creative, or boutique uses. The building’s character and longevity are central to its appeal, combining historic architecture with updated functionality.
Located in the heart of Old Sacramento, the property is described as being near the waterfront and prominent civic and commercial anchors within the historic core. The street-level retail has an established presence, with Munchies Candy Store operating since 1988, along with Marie’s Parfums at the storefront.
As a mixed-use asset, the layout supports a retail-forward ground level with additional space above, offering flexibility for an owner-user or an investor seeking a distinctive historic property in Old Sacramento.
Located in the heart of Old Sacramento, the property is described as being near the waterfront and prominent civic and commercial anchors within the historic core. The street-level retail has an established presence, with Munchies Candy Store operating since 1988, along with Marie’s Parfums at the storefront.
As a mixed-use asset, the layout supports a retail-forward ground level with additional space above, offering flexibility for an owner-user or an investor seeking a distinctive historic property in Old Sacramento.
Key Highlights
- 6,000 SF, three‑story Gold Rush‑era mixed‑use building originally built in 1853
- Ground‑floor retail with adaptable upper floors for office, creative, or boutique use
- Historic Old Sacramento location on the J Street corridor in the city’s waterfront historic core
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $141.1k | $23.52 |
| − Vacancy | −$8.2k | −$1.36 |
| EGI | $132.9k | $22.16 |
| − OpEx | −$39.9k | −$6.65 |
| NOI | $93.1k | $15.51 |
6,000 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.33M
$1.16M – $1.55M
NOI $93,055 @ 7.0% cap · market cap 8.46%
Second Best
Mixed Use
$1.18M
$1.04M – $1.38M
NOI $82,800 @ 7.0% cap · market cap 7.53%
Theoretical Best
Specialty Retail
$1.61M
$1.41M – $1.88M
NOI $112,860 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Munchies
Specialty Food Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Three-story Gold Rush-era building with ground-floor retail and adaptable upper floors for office or creative use.
Where is this mixed-use property located?
The property is located at 122 J Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 6,000 SF, three‑story Gold Rush‑era mixed‑use building originally built in 1853; Ground‑floor retail with adaptable upper floors for office, creative, or boutique use; Historic Old Sacramento location on the J Street corridor in the city’s waterfront historic core
