545 El Roya Avenue, Modesto, CA 95354

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545 El Roya Avenue, Modesto, CA 95354

$649,900 (Active)

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$649,900

Active

est.$649,900/month.

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5 beds. 3 baths. 12,545 Sqft.

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545 El Roya Avenue, Modesto, CA 95354

$649,900

Active

est.$649,900/month.

Start My Approval

5 beds 3 baths 12,545 Sq.ft.

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Property details for 545 El Roya Avenue, Modesto, CA 95354

Looking for a business opportunity? Welcome to El Roya Ave in Modesto! This unique property is located in a mixed use industrial area and can be used for a variety of ways. Cannabis grow? Wrecking yard? Repair business? Storage? Manufacturing? Live and work at the same place! Property is situated on a .29 acre lot and consists of 3 units, 2 warehouse/storage units, and an office. Unit 1: 3 bedroom, 1 bathroom with 1080 sqft of living space. Unit 2: 1 bedroom, 1 bathroom with roughly 400 sqft. Unit 3: 1 bedroom, 1 bathroom with roughly 350 sqft. The warehouse is 720 sqft and has an attached office in the rear. The smaller storage unit is 312 sqft. Also included is a detached 3 car garage. Currently has 5 paying tenants with total gross revenue of $5,100 and $850 of operating expenses per month. There is space to add an additional studio and another storage unit to increase revenue even more. Septic tank was cleaned out this year in March. Great for investors that want cash flow or have any future business plans in the commercial area as this property can be used in many different ways. Buyers to confirm use. Call today!

Broker details: PMZ Real Estate

Listed by: Donald Wright
Co-listing Agent: Daniel Del Real
Co-listing Broker: PMZ Real Estate