For Sale
$2,100,000

1107-1129 8Th StModesto, CA 95354

15,250 SF Warehouse, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 15,250-square-foot warehouse complex located at 1107-1129 8th Street in Modesto, California (95354). The property, situated on a 1.19-acre lot (APN 104-008-008), is zoned TD Transition Downtown (City of Modesto) and offers significant upside potential. The complex comprises three buildings, currently leased on short-term agreements to a diverse tenant mix. Two buildings are occupied by auto repair shops, while the third serves as a non-profit thrift store and administrative office. This high-traffic location boasts nearly 20,000 average daily traffic counts, providing excellent visibility and accessibility. The property features a gated yard, ensuring security, and benefits from immediate access to CA Highway 99, enhancing logistical efficiency. The asking price is $2,100,000, translating to $170.49 per square foot. This presents a compelling opportunity for investors seeking a strong cash flow and potential for future appreciation, or for owner-users looking to establish a presence in a prime Modesto location. The existing leases offer flexibility for future development and repositioning. This is a rare chance to acquire a well-located, multi-tenant industrial property in a thriving market.

Highlights

  • High-traffic location with nearly 20,000 ADT.
  • 15,250 SF warehouse complex with three buildings, all currently leased on short-term agreements.
  • Two buildings are occupied by auto repair shops; the third is a non-profit thrift store and administrative office.
  • Secure gated yard.
  • Excellent access to CA Highway 99.
  • Ideal for investors or owner-users.

Property Details for 1107-1129 8Th St

Property type
Warehouses, Industrial properties
Square Feet
15,250 SF
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6401597
Longitude
-121.0039167
1107-1129 8Th St, Modesto, California

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1107-1129 8Th St
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