429 Mchenry AveModesto, CA 95354

Property Details for 429 Mchenry Ave

Year built

1955

Construction

TILT-UP CONCRETE

Lot size

0.15 AC

Property size (Sq ft)

2,740 SF

Property type

Retail properties

Property subtype

Retail space

APN

110-003-082-000

APU

110003082000

Description

This unique, ivy-covered freestanding building at 429 McHenry Avenue in Modesto, Stanislaus County, offers 2,750 square feet of versatile space ideal for retail or office use. Located on a high-traffic section of McHenry Avenue, just blocks from downtown Modesto, this single-tenant property boasts a newly installed roof with skylights and impressive 15-foot high ceilings. The building features two air conditioning units with three-phase electrical service, ensuring climate control and power for various business needs. Ample parking is available, including a secure, gated rear parking area. Security is enhanced with a wired alarm system and security cameras. The meticulously maintained ivy is cared for by a timed drip irrigation system. The open and spacious layout provides flexibility for diverse business configurations, and the property includes substantial storage space. Potential exists for refrigeration, with two possible spaces – one for display and one for storage. The building's prominent location is further emphasized by a large display sign and an attractive awning. This property presents a rare opportunity to lease a distinctive and well-maintained commercial space in a prime Modesto location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,189,222

  6.5%

  $1,097,743

  7%

  $1,019,333

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,925,818

  Geo Method

  $1,925,818

• Alternative Use

  Use

  Valuation

  Residential

  $925,987

  Hospitality

  $848,200

  Educational

  $705,692

  Medical

  $729,962

  Retail

  $1,097,743

Location Insight

City

Modesto

County

Stanislaus

State

California

Latitude

37.6506

Longitude

-120.994

CBSA code

33700

CBSA name

MODESTO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].