1550 Mchenry Ave Modesto, CA 95350
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.
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Two Paws Up Pet Grooming Service
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Kontraband Interdiction Drug Testing Service
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
Similar Nearby for Sale
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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.