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- LoopNet Team
533 E Main St
Stockton, CA 95202
Hotel Terry · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Located in Stockton's Opportunity Zone
- Stockton has critical shortage of residential units; this property is ideal for residential conversion
- 7,000 SF retail space on the corner, ideal for indoor farmer's market or mercado
- Huge potential as a value-add investment
- Great location in heart of downtown Stockton, across from TEAM Charter School
- Zoned CD (Commercial Downtown)
PROPERTY FACTS
ABOUT 533 E MAIN ST , STOCKTON, CA 95202
Originally designed in 1912 by Stockton's most prolific architect, Glenn Allen, the building was known as the Hotel Rex. It acquired the name Hotel Terry in 1920, when it housed permanent and transient guests. The ground floor (7,000 SF) was occupied by Katten Brothers Dry Goods, and many other retailers over the years. The iconic blue tiles on the exterior were produced by Gladding McBean and Co., famous for their architectural terra cotta. The building is surrounded by residential conversion projects, with a 40-unit fully-occupied affordable housing project on its north side and a 30-unit market-rate loft apartment building currently under construction to the west on Main Street. The two upper floors (/-10,000 SF each) offer a prime opportunity to convert to loft apartments; proven demand for downtown residential living. Located in Stockton's Opportunity Zone. Price reduced to $1,150,000.
PROPERTY TAXES
| Parcel Number | 149-170-21 | Improvements Assessment | $831,300 |
| Land Assessment | $214,200 | Total Assessment | $1,045,500 |
PROPERTY TAXES
