226 1st St Turlock, CA 95380-4701

This exceptional investment opportunity presents a 4,750 square foot Class B storefront located at 226 N 1st St, Turlock, CA 95380, within the Downtown Core zoning district. The property boasts a strong 6.87% cap rate, generating a pro-forma NOI of $61,750. Currently leased under a gross lease agreement with a single tenant for a remaining term of four years, with options for lease extensions of two to five years. The asking price is $899,000, translating to $189.26 per square foot. This one-story building benefits from high visibility and foot traffic in a thriving commercial area with excellent public transportation access. Its versatile layout makes it suitable for a variety of retail uses, including boutiques, galleries, or event spaces. The property's location within the bustling downtown district ensures consistent rental demand and strong potential for appreciation. This is a rare chance to acquire a high-performing retail asset in a desirable California market. The property offers significant upside potential for investors seeking a stable income stream and long-term growth. This is a turnkey investment ready for immediate income generation.