347 Weber Ave Stockton, CA 95202
- Investment properties
- 15,303 SF
- 0.12 lot acres
Current Use by Public Records
- Kids Sensory Gym & Playground / Indoor Playground / Event Venue
- Banh Mi & Roll / Vietnamese Restaurant / Bubble Tea Store
- LoadUp Junk Removal / Waste Management Service
- Metro Offices / Real Estate Agency
Property Details for 347 Weber Ave
- Year built
- 1910
- Lot size
- 0.12 lot acres
- Property size
- 15,303 SF
- Zone code
- C3
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 139-120-160-000
- APU
- 139120160000
Description
This exceptional mixed-use building, located at 347 E Weber Ave in Stockton, CA 95202, presents a unique investment opportunity. The 15,303 square foot property, built in 1910, features three floors and is currently 70% occupied by 15 tenants under a gross lease. The asking price is $1,550,000 ($101.29/sq ft). The ground floor boasts four retail spaces ideal for businesses seeking a high-traffic location. The second floor offers approximately 5,000 square feet of versatile space, suitable for events or owner-user expansion, including approximately six office spaces. The third floor comprises approximately 5,000 square feet of traditional office space, including ten private suites and a conference room. Recent renovations include interior painting and new flooring on the second and third floors. The property's central location in Stockton's city center, across from government buildings, and its proximity to public transportation, make it an attractive option for both commercial and potential residential redevelopment. This 1031 exchange-eligible property (APN: 139-120-160-000) offers significant upside potential for the savvy investor. The property is a mixed-use building with storefront and traditional office subtypes.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,140,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,335,000
- 6.5%
- $1,395,000
- 7%
- $1,240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,435,000
- Geo Method
- $1,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,390,000
- Retail
- $1,430,000
- Mixed-Use
- $1,360,000
- Hospitality
- $1,200,000
- Educational
- $1,110,000
- Residential Income
- $1,095,000
- Energy
- $1,075,000
- Income-Based Land
- $1,340,000
- Food Service
- $1,190,000
Location Insight
- Map
- Local Demand
- City
- Stockton
- County
- San Joaquin
- State
- California
- Longitude
- -121.286
- Latitude
- 37.9547
- CBSA code
- 44700
- CBSA name
- STOCKTON, CA METROPOLITAN STATISTICAL AREA
