915 J St Modesto, CA 95354
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.
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Vault Nightclub Nightclub DJ & Entertainment
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.