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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

915 J St Modesto, CA 95354

26,877 SF Built 1915
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Year built 1915
Total area 26,877 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vault Nightclub Nightclub DJ & Entertainment
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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