14 Salado Ave Patterson, CA 95363-2514
This exceptional 1,662-square-foot office building, located at 14 South Salado Avenue (also known as 14 South 3rd Street) in Patterson, CA, presents a unique opportunity. Situated on a 0.04-acre lot (1,737 square feet), this property boasts a highly visible location in the heart of historic downtown, just steps from the central circle. Originally constructed in 1952, the building has undergone a complete renovation. Upgrades include new electrical and plumbing systems, fresh drywall, and elegant crown molding, creating a move-in ready space. The comprehensive insulation ensures energy efficiency and comfortable climate control. The property's prime downtown location offers unparalleled accessibility and visibility, surrounded by thriving businesses and local attractions. This makes it ideal for a variety of businesses seeking a prestigious address and strong community presence. The blend of historic charm and modern updates makes this a truly exceptional investment opportunity for those seeking a well-maintained, updated space in a vibrant downtown setting. This property offers significant potential for both business owners and investors looking for a strong return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
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.