Address
1641 Princeton Avenue, Modesto, CA
Price
$ 2,400,000
Property Attributes
- MLS#224065524
- TypeCommercial
- CountySTANISLAUS
- CityModesto
- AreaModesto
- Zip95350
- StyleWarehouse
- Price$ 2,400,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage20800
- Lot Size1.12 Acres
Data Source:
MetroList MLS
Property Description
* Consists of two warehouse buildings, each is 10,400 SF * 20 Warehouse units ranging in size from 1,500 SF to 4,000 SF * 100% occupied * Well below market rents with shorter term leases, making this an ideal value add opportunity * The unit sizes are ideal for tenants, vacant units are leased quickly * Located in well known industrial park centrally located in Modesto, CA * Gated parking * Most tenants have been long term occupants * Each unit is separately metered * New exterior LED flood lights * 46 parking spaces
| Price History | |
|---|---|
| 6/14/2024 | Listed $2,400,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Varies by Unit |
| Cooling | Central,Wall Unit(s),Varies by Unit |
| Utilities | Other |
| Roof | Metal |
| Construction Materials | Metal |
| Year Built | 1980 |
| Electric | Separate Electric Meter |
| Tenant Pays | Electricity,Individual Meters |
| Loading | 12' Roll Up Door |
| Property SubType | Warehouse |
| Current Use | Light Industrial |
| Location | Freeway Nearby,Industrial Area,Warehouse |
| OwnerPays | Common Area Maintenance,Grounds Care,Management |
| Business Type | Commercial,Storage,Wholesale |
| County | Stanislaus |
| Property Type | CommercialSale |
| Building Features | 12 to 18 Ft Ceilings |
| Close Price | 0.0 |
| Status | Active |
| Directions | 9th Street to Kearney Ave to Princeton |
| City | Modesto |
| Buyer Agent Compensation | 2.5 |
| Zoning Description | M-1 |
| NumberOfUnitsTotal | 20 |
| MLS Area | 20103 |
| Lot Size Square Feet | 48787.0 |
| Structure Type | Warehouse |
| Standard Status | Active |
| Year Built Source | Assessor Agent-Fill |
| Buyer Agent Compensation Type | Percent |
Interior Features
| Walls | Metal |
|---|---|
| Flooring | Concrete |
Exterior Features
| Parking Features | Fenced |
|---|---|
| Water Source | Public |
| Total Parking | 46.0 |
| Number of Buildings | 2 |
| Building Area Total | 20800.0 |
| Lot Size Acres | 1.12 |
| Lot Size Source | Assessor Agent-Fill |
| Parking Ratio | 0.0 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 95350
Price
Visits
Year Built
All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList© may not reflect all real estate activity in the market.
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MetroList CA data last updated: June 23, 2024 1:07 AM UTC 