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1126 14th St Modesto, CA 95354
- $500,000 (sold: 9/26/2024)
- Commercial
- Status: Sold
Property Description
Prime commercial opportunity in Modesto, California – a historical landmark building, dating back to 1914, currently operating as a beloved coffee shop and recognized as a local icon. It is tucked away in a desired location downtown, and ideally positioned for those in the restaurant industry. The rich history of this landmark, loyal customer base, and unique Victorian home-like layout, make it a compelling investment in Modesto’s vibrant market. This shop has been a starting venue for many local bands and entertainers, due to it’s spacious outdoor patio area and relaxing environment. An investor can benefit even more from this property as the upstairs contains a remodeled studio that is currently occupied by a long-standing resident, with potential upside in rent.
Over $250,000 worth of upgrades since purchase in 2006 – new plumbing, electrical, lighting, interior/exterior paint, refinished deck with wheelchair accessibility, new concrete, turf, and fencing in the front, the install of drive-thru with driveway for convenience, fireplace insert, renovated bathroom with the addition of a 2nd one, & shed/storage space on the deck. This property has also kept much of it's vintage charm with original hardwood floors, light fixtures, wooden doorway arches, & an ornamental ceiling in the dining area!
The municipal code 10-7.508 with the city shows UGD zoning can be operated as residential, lodging, retail, office, service, & civic which provides for flexible use for many businesses!
Listing Details
| Price | $500,000 (sold: 9/26/2024) |
|---|---|
| Property Type | Commercial |
| Listing # | 244947 |
| Status | Sold |
| Listing Type | For Sale |
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.