$1,599,950
Iconic Downtown Turlock Multi-Tenant Investment. Situated on a premier high-visibility corner, this 100% occupied, 4-suite commercial asset is a staple of the historic district. Offering an approximate 5.1% cap rate on stabilized income, this property represents a top-tier investment with a proven track record of tenant retention. The building is anchored by a premier 3,434 SF operational restaurant and supported by a perfectly matched mix of service-based businesses that aren't affected by online shopping: Salon (547 SF), Tattoo Studio (672 SF), and Artisan Home Decor (1,197 SF). This mix of businesses drives consistent daily foot traffic and provides a secure hedge against retail trends. All rents include CAM charges for a simplified management structure. Strategically positioned within a thriving downtown, the property offers excellent visibility near key infrastructure, major banks, and postal services. Nearby amenities and proximity to highways enhance long-term appeal for both tenants and customers. Reputable long-term tenants ensure stable cash flow and reduced vacancy risk.
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Listed by David Sousa with Atlantic Realty (209) 668-0501
Property Type
Mixed Use
Status
Active
MLS Number
MC26060942
Year Built
1908
Lot Size
5,850 sq ft