Link Copied
Listed price in listed location currency (USD).
$699,000

000

MLS® 226052664

  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage 
Taxes 
Days Active 0
Lot Size 
Approx. Age 1926
MLS® Number 226052664

Property Address: 242 N Sutter Street, Stockton, CA, 95202

Average square foot calculated using Size range provided by listing agent.

Description

Rare lender-owned commercial opportunity in the historic Medico-Dental Building at 242 N. Sutter Street in downtown Stockton. This offering is for the commercial section only, representing approx. 36% of the building. Residential apartment floors are not included. The sale includes approx. 85% of the ground-floor commercial/retail space, plus portions of the upper commercial area, including majority/use rights of the 11th and 12th floors and a smaller portion of the 10th floor. Ownership is an A/B structure with ownership agreements in place; there is no HOA. Buyer to verify all ownership documents, use rights, square footage, responsibilities, and intended uses. This is a true fixer/shell opportunity, but with a major head start. Seller reports the building was certified structurally safe when the 2nd through 9th floors were converted to apartments less than 10 years ago, and that code-related improvements were completed at that time, including new elevators and fire suppression systems. That matters: the buyer is not starting with an unknown shell in a questionable building. They are buying commercial space inside a landmark downtown tower with serious infrastructure already addressed. Buyer to verify permits, certifications, systems, condition, and code compliance. The ground-floor commercial spaces offer massive street frontage, prime corner visibility, and excellent signage exposure in the heart of downtown Stockton. Downtown Commercial zoning creates flexible potential for restaurant, coffee shop, pizzeria, grocery/convenience concept, pharmacy, showroom, auto parts, carpet/flooring retailer, warehouse, retail, service business, or other commercial uses subject to city approval. The building also offers garage/warehouse-style space, high ceilings, exposed brick, concrete, steel framing, historic character, and dramatic upper-floor views. Built in 1927, the Medico-Dental Building is one of Stockton's most recognizable downtown landmarks. For the right developer, investor, or owner-user, this is the kind of bargain downtown asset that rarely comes along: visibility, history, flexible use potential, and upside in one package. Lender wants it sold and has priced it aggressively. Bring vision, contractors, and due diligence. This is not turnkey, but the opportunity is real. Buyer to verify zoning, permits, condition, utilities, access, ownership structure, and all intended uses.
MLS® Number226052664
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1926
Basement
DrivewayPrivate, Public, Street, None
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$699,000List Price
  • Commute

Commute

Starting Address
Destination Address
242 N Sutter Street, Stockton, CA

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties