112 Orangeburg Ave Modesto, CA 95350-4428

This exceptional multi-tenant retail property, located at 112 W Orangeburg Ave in Modesto, California, presents a compelling investment opportunity. The 8,520 square foot building sits on a 0.62-acre lot and boasts four units, currently occupied by a diverse mix of tenants. Built in 1953 and zoned P-D, the property enjoys a prominent corner location in a high-traffic area. The current tenants have a remaining lease term of four years, providing immediate and stable income. The building is exceptionally well-maintained, with recent upgrades including new HVAC units, eliminating any deferred maintenance concerns. The property's strong financial performance is reflected in its impressive Net Operating Income (NOI) of $86,900 and a 5.79% capitalization rate. The asking price is $1,500,000, translating to $176.06 per square foot. The seller is open to offering financing terms, making this an attractive opportunity for owner-users or investors seeking a stable, high-performing retail asset in a desirable Modesto location. The property's location in Stanislaus County, zip code 95350, offers excellent visibility and accessibility.