Property profile

1550 Mchenry Ave Modesto, CA 95350

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Pet Grooming Service
  • Drug Testing Service

Location

1550 Mchenry Ave Modesto, CA 95350
Modesto metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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