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701 Latimer Avenue Modesto, CA ^$ 1,750,000

701 Latimer Avenue

^$ 1,750,000

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701 Latimer Avenue

Modesto, CA, 95351

^$ 1,750,000

Studio Baths0.0 Sq 21,780

Monthly Estimate*

^$ 12,224

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Studio

Commercial Property for sale in Modesto, CA

for $1,750,000. This 21,780 square foot building was built in 1990 on a lot size of 1.32.

17,059 S.F. includes 4 structures. Total of 1.33 Acres including 2 parcels zoned C2. Current tenant is Capital Door. Lease currently ends June 30, 2024. Currently single tenant industrial complex including office, shop and warehouse space. Original shop building built in 1940, rear building built in 1980, additional shop building built 1986, Metal building contructed 1990. Office space is 3975 S.F. with HVAC, balance of 13084 S.F. warehouse insulted with heat. Total of 5 bathrooms, two in the shop, one in the house and 1 downstairs and 1 upstairs in the showroom. Natural Gas provided by PG&E. 440 AMP 3 Phase electrical service in the main shop. Property is located at the corner of Latimer and Bystrom.

Commercial Active

Price

^$ 1,750,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Warehouse

Lot Size

1.32

Year Built

1990

Town/City

Modesto

County/Region

Stanislaus

MLS | Web ID

224000225

Features

General

Sewer Septic System

Heating See Remarks

Cooling Other

Utilities Separate Gas Meter Separate Water Meter

Roof Other

Construction Materials See Remarks

Year Built 1990

Electric 3 Phase 400+ Amp Service

Tenant Pays Electricity Taxes Gas Trash Collection Water Insurance Other

Stories 0

Topography Level

Property SubType Warehouse

Current Use Light Industrial

Location Freeway Nearby

Business Type Other

County Stanislaus

Property Type CommercialSale

Building Features Restroom(s)-Private Skylight(s)

Close Price 0.0

Status Active

Directions Corner of Latimer and Bystrom.

City Modesto

Buyer Agent Compensation 2.5

Zoning Description C2

Total Units 4

MLS Area 20107

Lot Size Square Feet 57499.0

Street Name Latimer

Property Condition Yard Fenced Yard Paved

Ok to Lease Other

Standard Status Active

Year Built Source Other

Buyer Agent Compensation Type Percent

Interior

Flooring Other 0

Office Area 0

Total Stories 2

Street Suffix Avenue

Exterior

Parking Features Private Fenced

Lot Features Curbs/Gutters

Water Source Public

Total Parking 0.0

Foundation Details SeeRemarks

Number of Buildings 4

Building Area Total 21780.0

Lot Size Acres 1.32

Lot Size Source Owner

Road Frontage Type County Road

Parking Ratio 0.0

Internal Only

Street Number 1 701

* Excluded Features

List By

Matel Realtors

Broker

kelving@matelprop.com

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$12,224

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Monthly Principal & Interest: $12,224
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Modesto, CA

Average List Price ^$1,244,631

Percent of Sale Price 29%

About Modesto, CA

216,543 Population

13% Since 2002

^$52,278 Median Income

36.08 Median Age

33% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

295416 Elementary School

295437 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/2/2024	$1,750,000		Listed Price

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701 Latimer Avenue, Modesto, CA, 95351 is a Commercial Property for sale at $1,750,000 with 21,780 sqft and a lot size of 1.32. 701 Latimer Avenue is a studio with 0.0 baths and was built in 1990. The property's zip code is 95351 which is in Modesto, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 4/27/2024.

Property information, real estate data and other informational content on this Site is provided in part by the Internet Data Exchange program of MetroList Services, Inc., a California corporation (“MetroList”).

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information.

Data is updated as of 4/27/2024.
CA DRE #02088790
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701 Latimer Avenue

Commercial Property for sale in Modesto, CA

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