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The Medico-Dental Building, Commercial Zones 242 N Sutter St 57 Unit Apartment Building $899,900 ($15,788/Unit) Stockton, CA 95202

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INVESTMENT HIGHLIGHTS

  • Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
  • Over 8,500 SF on Floors 10–12, with 5,000+ SF usable now
  • Neighboring parcel just acquired by San Joaquin County Office of Education for expansion, anchoring the area’s revival
  • 11,000 SF ground floor shell with 17+ ft ceilings
  • Prime CD zoning allows retail, office, residential, restaurant, fitness, gallery, daycare & more
  • Millions in upgrades: seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows & doors

EXECUTIVE SUMMARY

The Medico-Dental Building, Stockton's first skyscraper and now its 3rd tallest, is a 12-story Gothic Revival landmark at Miner & Sutter. Offered lender-owned at under $900k, this is a rare redevelopment opportunity. Includes ~11,000 SF of ground floor shell plus 8,500+ SF on floors 10-12 (5,000+ SF usable now). Ground floor features 17+ ft ceilings, exposed brick/timber, nearly all new windows/doors, and utilities ready to pop up from the basement. South wing includes a 2,539 SF showroom with a 2,444 SF former tire shop plus 1,100 SF with retail frontage or adaptive reuse potential. Basement adds 2,000+ SF of secure storage. The 11th & 12th floors each provide 2,500+ SF open-slate creative space with skyline views; the 10th (~3,000 SF) is leased to a telecom tenant for future upside. Millions invested in seismic retrofitting, elevators, fire suppression, electrical, plumbing, windows, and doors. Zoned CD (Commercial Downtown) with broad permitted uses. Walking distance to courthouse, county offices, arena, hotels, and one block from the city bus terminal. Neighboring parcel acquired by San Joaquin County Office of Education for expansion, anchoring this site at the heart of Stockton's downtown revival.

PROPERTY FACTS

Price $899,900
Price Per Unit $15,788
Sale Type Investment
Sale Condition REO Sale
No. Units 57
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.29 AC
Building Size 57,000 SF
No. Stories 12
Year Built 1926
Opportunity Zone Yes
Zoning CD
Walk Score®
Walker's Paradise (95)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 139-370-04
  • 139-370-01
  • 139-250-06
  • 139-370-02
  • 139-370-05
  • 139-370-06
Land Assessment
$287,012
Improvements Assessment
$1,842,702
Total Assessment
$2,129,714
  • Listing ID: 37444794

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 242 N Sutter St, Stockton, CA 95202

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