1550 Mchenry Ave Modesto, CA 95350
Property profile & analytics
Location Intelligence
Current Use by Public Records
- Two Paws Up / Pet Grooming Service
- Kontraband Interdiction / Drug Testing Service
Property Details for 1550 Mchenry Ave
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional Modesto, CA property, located at 1550 McHenry Ave, 95350, presents a unique investment opportunity. The L-shaped lot encompasses two separate buildings on a single parcel, offering diverse income streams. The property includes a thriving canine detection business (available for separate purchase at $600,000), a long-standing Mexican restaurant (approximately 1200 sq ft), and a well-established pet boarding and grooming business (approximately 2000 sq ft). All tenants have been in place for decades, demonstrating strong business stability and longevity. The property is uniquely positioned as the only location grandfathered within Modesto city limits for pet boarding, providing a significant competitive advantage. The current owner leases space to their own business for $5700 per month (plus utilities and maintenance, expiring 8/31/2026), the restaurant for $2300 per month (plus utilities and maintenance, expiring 8/31/2026), and the pet boarding business for $3150 per month (plus utilities and maintenance, expiring 8/31/2026). The property's location in a growing Modesto neighborhood, near shops and hospitals, ensures continued high demand and potential for future appreciation. The asking price for the real estate is $1,300,000. The sale of the real estate and the business are separate transactions. Serious inquiries only. Confidentiality is required.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Modesto
- County
- Stanislaus
- State
- California
- Longitude
- -120.994
- Latitude
- 37.6669
