For Sale
$1,350,000

3948 Sylvan AveModesto, CA 95355

Multi-Tenant Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 9,000 square foot retail center, built in 2006, presents a compelling investment opportunity in Modesto, CA. Located at 3948 Sylvan Ave, 95355, this multi-tenant property boasts a prime location at a busy, signalized intersection with easy access from two adjacent streets. Currently housing Taqueria Carolina, Tap Room, Rusty Red, and ARCO, the center offers strong existing tenancy and significant upside potential. The property features 133 parking spaces, monument signage, and prepaid sewer connection fees. Situated on a 32,680 square foot lot, the center is zoned Specific Plan (SP-H) and benefits from an attractive architectural design. Its strategic location in Northeast Modesto, near Riverbank, places it minutes from a major soccer field complex and high school, and on a key commute route to Oakdale and Riverbank. Proximity to a growing industrial park in South Riverbank further enhances its appeal. The well-maintained property is professionally managed and includes recorded CC&Rs and a Reciprocal Access Agreement. The asking price is $1,350,000, translating to $150 per square foot. This is an ideal opportunity for owner-occupants seeking a high-visibility location with strong tenant occupancy and significant growth potential. APN: 085-062-003.

Highlights

  • Owner-user opportunity.
  • Architecturally appealing building.
  • Situated in a rapidly developing Northeast Modesto/Riverbank submarket.
  • Convenient proximity to major soccer fields and high school.
  • Excellent commute location for Oakdale and Riverbank residents.
  • Near a significant, expanding industrial park.

Property Details for 3948 Sylvan Ave

Property type
Retail properties, Retail space
Square Feet
9,000 SF
Year Built
2006

Location Insight

City
Modesto
County
Stanislaus
State
California
Latitude
37.6885257
Longitude
-120.9220245
3948 Sylvan Ave, Modesto, California

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3948 Sylvan Ave
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