1110 Lodi Ave Lodi, CA 95240-3314
This exceptional commercial property in Lodi, California, presents a unique investment opportunity. Located at 1110 W Lodi Ave (APN 033-100-15), this combined corner lot encompasses two parcels, previously occupied by the Sunset Theater and Alexander's Bakery. The property is zoned for theater use and is offered at an asking price of $1,350,000. The Sunset Theater, a concrete structure with a roof (requiring minor repairs), is ready for redevelopment. All hazardous materials have been professionally removed, and the site is fully prepared for construction. Existing infrastructure includes sewer connections, water access, temporary power, drainage to the city system, and underground supply lines, streamlining the building process. Detailed building plans, previously approved by the City of Lodi, are included, along with a lidar scan of the theater prior to demolition. The Sunset Theater's prior approval for addition to the National Register of Historic Places by the United States Park Service offers a potential 20% tax credit for restoration costs, spread over five years. This represents a significant cost savings compared to the cleanup expenses already incurred. This is a rare chance to acquire a build-ready commercial property in a desirable location at a price significantly below the investment in site preparation.
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sunset theatre Cinema Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
42 · Lodi, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.