For Sale
$1,200,000

1601 Mchenry AveModesto, CA 95350

Established dental practice & building. Prime Modesto location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional offering presents a unique opportunity to acquire a well-established dental practice and its accompanying commercial real estate in Modesto, California. Located at 1601 McHenry Ave, this 2,275 square foot building sits on a 4,792 square foot lot and boasts a 100% occupancy rate until October 31, 2024. The single-story building, constructed in 1956 and renovated in 2010, features 3-5 operatories and is fully equipped. The practice has served approximately 2,000 clients for over 35 years, with a consistent patient base and insurance coverage including Delta PPO and Medicare. Financial records indicate steady average gross sales of $459,000 annually (2019, 2021, 2022, 2023), with an owner salary averaging $91,000 per year. Pre-COVID sales were higher. The property is zoned PD and is situated in the desirable McHenry Village, known for its high foot traffic and visibility. The asking price for the business and real estate is $1,200,000. Detailed financial statements and a complete equipment list are available upon request. This is a rare opportunity to own a thriving business and valuable commercial property in a prime location.

Highlights

  • Established general dentistry practice in Modesto, CA.
  • Approx. 2,000 clients with Delta PPO and Medicare insurance.
  • Established in 1989, averaging $459,000 gross annual sales (2019, 2021, 2022, 2023); higher pre-COVID.
  • 2,275 SF building on a 4,792 SF lot, 3-5 operatories.
  • 100% occupancy until 10/31/2024; $1,200,000 asking price.

Property Details for 1601 Mchenry Ave

Property type
Square Feet
2,275 SF
Class
C
Year Built/Renovated
1956/2010
Buildings
1
Stories
1
Units
1

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.667276607687
Longitude
-120.99043641219
1601 Mchenry Ave, Modesto, California

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1601 Mchenry Ave
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