This property is Off-Market

822 9th Street
Modesto, CA 95355 ·

4,348 SF · Retail For Sale

N/A

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Positive Cash Flow Property

Price N/A Commission Split 3%
Building Size 4,348 SF Cap Rate 8%
Property Type Retail Occupancy 100%
Property Sub-type Restaurant Tenancy Multiple
Property Use Type Investment
Listing ID: 17904134 Date Created: 11/05/2012 Last Updated: 06/10/2013

Description

Fully leased investment property located in the heart of downtown Modesto, CA. Property features 8 leased residential apartments on the 2nd level with parking in the rear of the property. Property also includes a restaurant/bar on the ground level called KC Bar & Grill. KC Bar & Grill currently has a short term lease but is willing to sign a longer term lease if needed. The sale includes a type 47 Liquor License.
For financial information, please inquire with broker:

*all financial information on the marketing flyer was given by property owner is believed to be reliable.

Near the intersection of 9th & I Street in Downtown Modesto, CA. close proximity to the Gallo Center for the Arts, Brenden Theatres and the City Hall. Close to public transportation; this proximity is instrumental to keeping the apartments leased.

Research

822 9th Street, Modesto, CA 95355 (Stanislaus County)

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