Turnkey Barbecue
421 Maze Boulevard Modesto, CA 95351
421 Maze Boulevard, Modesto, CA, 95351
$750,000
For Sale
$750,000
Virtually turnkey barbecue restaurant offered with kitchen equipment, appliances, and recently reupholstered dining furniture.
Property Size2,080 SF
Lot Size0.30 Acres
Price / SF$360.58
Days on Market947
Property Features for 421 Maze Boulevard
General Information
- Standard status
- Active
- Size
- 2,080 SF
- Lot size
- 0.30 Acres
Building Details
- Year Built
- 1947
Listing agency
LUXOR REAL ESTATE GROUP
(925) 522-6557
Listed by
LaMar Barnes · License #01359628
(925) 522-6557
Source
Compass
Added: Dec 17, 2023 Updated: Jul 20 at 5:54PM Checked: Jul 21 at 8:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LUXOR REAL ESTATE GROUP
Investment Insights
Based on property information with market context.
421 Maze Blvd presents a virtually turnkey barbecue restaurant in a 2,080-square-foot building. The sale includes kitchen equipment and appliances, along with recently reupholstered dining furniture, supporting ready-to-operate use.
The property sits on a 13,000+ square-foot lot with plenty of off-street parking for customers. The location is described as close to Highway 99 and Martin Luther King Drive, providing convenient access for diners.
This offering is well suited for a buyer seeking a commercial restaurant building with the core operating improvements in place.
The property sits on a 13,000+ square-foot lot with plenty of off-street parking for customers. The location is described as close to Highway 99 and Martin Luther King Drive, providing convenient access for diners.
This offering is well suited for a buyer seeking a commercial restaurant building with the core operating improvements in place.
Key Highlights
- Barbecue restaurant building built in 1947 with 2,080 SF of space
- Off‑street customer parking with a 13,000+ SF lot
- Includes all kitchen equipment and appliances
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $49.9k | $24.00 |
| − Vacancy | −$2.7k | −$1.32 |
| EGI | $47.2k | $22.68 |
| − OpEx | −$11.8k | −$5.67 |
| NOI | $35.4k | $17.01 |
2,080 SF · lease $24.00/SF/yr · vacancy 5.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$505.4K
$442.3K – $589.7K
NOI $35,381 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$698.9K
$611.5K – $815.4K
NOI $48,922 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Taylor’s Smokehouse(Formerly Doc’s ...
Restaurant
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FAQs
What type of property is this?
Conventional restaurant - Virtually turnkey barbecue restaurant offered with kitchen equipment, appliances, and recently reupholstered dining furniture.
Where is this conventional restaurant located?
The property is located at 421 Maze Boulevard Modesto, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Barbecue restaurant building built in 1947 with 2,080 SF of space; Off‑street customer parking with a 13,000+ SF lot; Includes all kitchen equipment and appliances
