Courtesy: Compass
408-427-8963
101 I St, 107 I St, and 510 S Washington St present a unique opportunity to acquire a three-parcel multifamily portfolio totaling eight units in the established downtown Modesto neighborhood. The property consists of four separate residential buildings situated on individual parcels, offering investors the flexibility of separate financing, resale, or long-term hold strategies. The portfolio features a mix of six one-bedroom/one-bath units and two two-bedroom/one-bath units, appealing to a broad tenant base seeking affordable housing in close proximity to employment, retail, and transit options in downtown Modesto. Each building sits on its own legal parcel, with one parcel featuring a detached ADU, allowing for future disposition flexibility and potential value-add opportunities through operational improvements and market rent growth.
We are pleased to present the opportunity to acquire the fee-simple interest in a newly constructed, single-tenant medical office property located in Modesto. The Property consists of approximately 0.61 acres improved with a one-story, approximately 4,214 square foot medical office building completed in 2023 as a build-to-suit for the current tenant. An adjacent vacant parcel of approximately 0.57 acres is also available for purchase, offering potential for additional parking or future expansion, subject to buyer verification and local approvals. The Property is located near the intersection of Dale Road and Kiernan Avenue and benefits from proximity to a major regional hospital campus. Traffic counts are reported to be approximately 14,000 vehicles per day on Dale Road and 27,000 vehicles per day on Kiernan Avenue (buyer to verify). The surrounding five-mile radius includes approximately 129,000 residents with an average household income of approximately $97,000 (buyer to verify). The Property is subject to a 15-year lease with three 5-year renewal options. The lease structure is reported to be net, with scheduled rental increases of 10% every five years throughout the initial term and option periods. The lease is guaranteed by a publicly traded healthcare provider. Buyers are advised to independently verify all lease terms, financial information, and property details.
This well-positioned retail commercial property offers approximately 19,847 square feet of versatile space situated on a 1.19-acre lot, providing excellent flexibility for a wide range of retail, service, or showroom uses. This Freestanding Retail space is anchored by Food Maxx and Office Depot.Originally built in 1982, the building features a functional layout that includes restrooms, dedicated office areas, and expansive open floor space that can be adapted to suit various business needs. The property benefits from ample on-site parking, supporting strong customer access and employee convenience. Its location places it in close proximity to a variety of popular dining, retail, and shopping destinations, helping to drive traffic and visibility while offering convenience for patrons and staff alike. With its generous building size, substantial lot coverage, and favorable parking ratio, this property presents an attractive opportunity for owner-users or investors seeking a strategically located retail asset with long-term potential.
Grand opportunity to have a 11,380 retail Showroom and Warehouse with ample Office space. Located at a signalized busy corridor of McHenry with over 35,000 ADT and close proximity to major retailers. High ceilings with state-of-the-art LED lights, loading dock, sprinklered throughout, and modern decor finishes. Bonus: Adjacent .18 acre lot comes with property. So many possibilities to make use of this extra land.
Own a Piece of Modesto's History: A Vintage Industrial Landmark with Endless Possibilities. Nestled in the heart of downtown Modesto, this historic building is a rare architectural treasure, a true testament to early 20th-century American craftsmanship. Formerly home to Modesto Machine Works, the space retains its original redwood beam ceilings, complete with authentic overhead drive shafts and pulleys that once powered precision tools in the golden age of manufacturing. With its exposed brick, walls of windows, expansive interior and timeless industrial charm, this building invites both admiration and imagination. Whether preserved as a working machine shop or reimagined into a vibrant wine bar, tap room, design studio, office space, or boutique retail hub, the possibilities are as wide open as the floor plan. Located just 90 miles from San Francisco, Modesto offers the perfect blend of accessibility and affordability. This property is within walking distance of the Gallo Center for the Arts, eclectic shops, charming cafs, and picturesque parks. Whether you're a passionate artisan, an entrepreneur with a vision, or a dreamer ready to leave your mark, this space offers the rare chance to own and shape a cornerstone of Modesto's downtown fabric.
Modesto is located in California. Modesto, California has a population of 217,728. Modesto is less family-centric than the surrounding county with 32.59% of the households containing married families with children. The county average for households married with children is 35.12%.
The median household income in Modesto, California is $67,011. The median household income for the surrounding county is $68,368 compared to the national median of $69,021. The median age of people living in Modesto is 34.9 years.
The average high temperature in July is 93.8 degrees, with an average low temperature in January of 38.9 degrees. The average rainfall is approximately 12.9 inches per year, with 0 inches of snow per year.
