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    915 J St Modesto, CA 95354

    Sponsored
    For Sale
    $5,650,000

    Prime Modesto location, 26,877 SF, three tenants.

    Property size:
    26,877 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional three-story, 26,877-square-foot commercial building presents a unique investment opportunity in the heart of Downtown Modesto, California. Built in 1915 and extensively renovated in 2023, this property boasts a prime C-2 zoning designation and features a total of four levels, including a basement. Currently, three of the four levels are occupied by established tenants. The first floor (5,570 SF) houses a thriving restaurant/bar/nightclub with a full kitchen, walk-in cooler, large bar, and performance stage, leased at $1.33 per square foot per month. The basement level (7,475 SF), also leased at $1.43 per square foot per month, operates as a nightclub featuring a bar, dance area, and private offices. The third floor (6,135 SF), leased at $1.30 per square foot per month, functions as an event venue complete with a prep kitchen, bar, and ample space for seating and dancing. The second floor (6,478 SF) is currently vacant and offers significant potential for tenant improvement and lease-up or owner-occupancy. The building includes an elevator and both front and rear stairwells for convenient access to all floors. Its central location places it within easy walking distance of Modesto City Hall, county offices, theaters, the Gallo Center for the Arts, hotels, and numerous restaurants and banks. Public street parking is available, supplemented by three public parking structures within a single block. The asking price for this exceptional property is $5,650,000. The APN is 105-042-006-000.

    Property Features for 915 J St

    General Information

    Property type
    Individual retail properties
    Square Feet
    26,877 SF

    Building Details

    Year Built/Renovated
    1915/2023
    Buildings
    1
    Stories
    3

    HighLights

    • Three‑story building with four levels/units totaling 25,658 square feet.
    • Three of four units currently leased (basement, first, and third floors occupied; second floor vacant).
    • First‑floor restaurant/bar/nightclub with full kitchen.
    • Prime downtown Modesto location.
    • Abundant parking available within one block in three public parking structures.
    • Elevator and stairs provide access to all levels.
    Property Profile Location Intelligence

    Current Use by Public Records

    Vault Nightclub Night Club

    Suggested Use

    Restaurant Realty agency Building Supply Dental Office Spa & Massage Law Firm Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Modesto
    County
    Stanislaus
    State
    California
    Longitude
    -121.0008724
    Latitude
    37.6402676

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    FAQs

    What type of property is this?
    Individual retail property - Prime Modesto location, 26,877 SF, three tenants.
    Where is this individual retail property located?
    The property is located at 915 J St Modesto, CA.
    What is the asking price?
    The asking price for this property is $5,650,000.
    What are key features of this property?
    This property features: Three-story building with four levels/units totaling 25,658 square feet.; Three of four units currently leased (basement, first, and third floors occupied; second floor vacant).; First-floor restaurant/bar/nightclub with full kitchen.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    915 J St Modesto, CA 95354
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