Mixed-Use Property with Grocery
535 S San Joaquin Street, Stockton, CA 95203
For Sale
New
$950,000
The property combines an operating grocery business and inventory with three apartments and a single-family home.
Property Size6,635 SF
Price / SF$143.18
Days on Market3
Property Features for 535 S San Joaquin Street
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Corner Location
Mixed-Use Components
Additional Details
Business Included
Multifamily Units
Currently Operating
Building Details
Building Size
Year Built
Listing Agency:
JRP Realty Group
8462200
Listed By:
Manpreet Singh
(925) 918-2867
Source:
Fitforliferealestate
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 1:44PM
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 JRP Realty Group
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Investment Insights
Based on property information with market context.
At 535 S San Joaquin Street, this mixed-use property includes 6,635 square feet, a retail space occupied by an operating grocery store, three apartments, and a single-family home. The grocery business and its existing inventory are included in the sale. The property was built in 1960 and is zoned R 1.
The site occupies a corner in Stockton, California, at S San Joaquin Street and is identified by the address 535 S San Joaquin Street, Stockton, CA 95203.
The site occupies a corner in Stockton, California, at S San Joaquin Street and is identified by the address 535 S San Joaquin Street, Stockton, CA 95203.
Key Highlights
- 6,635 square feet on a corner lot
- Operating grocery business and existing inventory included
- Three residential apartments and a single‑family home
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,363
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,260
$1.7M
Cap Rate 7%
$1,219,471
$1.2M
Cap Rate 9%
$948,478
$948.5K
Market Conditions
NOI Build-Up for 6,635 SF
Gross rent
$119.4K $18.00/SF
− Vacancy
−$5.6K −$0.85/SF
EGI
$113.8K $17.15/SF
− OpEx
−$28.5K −$4.29/SF
NOI
$85.4K $12.87/SF
Area
Stockton, CA
Vacancy
4.70%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,707,260
Cap Rate 7%
$1,219,471
Cap Rate 9%
$948,478
Alternative Uses
Best Use
Specialty Retail
$1.22M
$1.07M – $1.42M
NOI $85,363 @ 7.0% cap · market cap 8.99%
Second Best
Mixed Use
$1.19M
$1.04M – $1.39M
NOI $83,302 @ 7.0% cap · market cap 8.77%
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,598 @ 7.0% cap · market cap 13.22%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,845
Businesses Nearby
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Business Placement
Demographics for 95203, CA
18,064
Population
5,858
Households
3.1
Avg Household Size
34
Median Age
17%
College-Educated
69%
High-School Grad
6.2 sq mi
ZIP Area
2,914
Density / Sq Mi
$64,710
Median Household Income
$32,927
Median Earnings
$1,248
Median Rent
$349,800
Median Home Value
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Market
Properties on Market for Mixed-use properties in San Joaquin County
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines an operating grocery business and inventory with three apartments and a single-family home.
Where is this mixed-use property located?
The property is located at 535 S San Joaquin Street Stockton, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 6,635 square feet on a corner lot; Operating grocery business and existing inventory included; Three residential apartments and a single‑family home
