Commercial building opportunity in Modesto, Ca.
Updated 9/15/2023: Commercial buildings are hard to come by. Sure, one can be leased any day of the week, but to own your own building and either manage it yourself or hire a property manager, you can see steady cash flow and a substantial gain to your portfolio as the market continues to improve.
301 & 305 Downey Avenue in Modesto, California is a unique opportunity! Located in the downtown area of Modesto, this single level building offers an investor or business Entrepeneur the option to have one, or possibly three separate suites. While it is currently an owner operator unit, a job relocation is underway and forcing the seller to liquidate this site.
301 Downey Ave. is approx. a 2750 sq. ft. unit that needs updating, although it provides individual offices, a kitchen, quartyard and lobby with secure gated entry. 305 (and 307) have been updated and offer an additional 4,782 sq. ft. Both units have access to a private shared parking lot that is well lit and only available to the owner of this building.
The interior space of 305 Downey Avenue in Modesto, California has been professionally decorated and updated with an open business model design that promotes a turn-key business. Or, if your business requires a different design, 305 Downey, with its high ceilings and professional lighting would be an affordable transition.
If you are in search of a larger location to move your business into or find a need to exchange into the Modesto commercial real estate market, call Scott Cary today with Homesmart PV and Associates at (209) 402-8000 License number DRE #01024173.
301 & 305 Downey Ave. is being offered for sale at $925,000.
You can see multiple photos of this property online by simply searching 305 Downey Ave., Modesto Ca. Loopnet.com as well as multiple other websites offer more information for you to view.
Scott Cary is a real estate Broker with over 30 year’s experience and is easy to be reached at (209) 402-8000 or email him at scottcaryrealestate@gmail.com
