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Executive Summary
Prime Downtown Modesto Redevelopment Opportunity
Positioned in the heart of downtown Modesto, this ±18,000 square foot freestanding building offers an exceptional opportunity for investors, owner-users, or tenants seeking a highly visible and accessible location. The property sits on a ±0.63-acre parcel just two blocks from the 10th Street Plaza and Modesto Centre Plaza, placing it within close proximity to dining, retail, and civic amenities.
Constructed in 1960 with durable masonry, the building is located on the signalized corner of M Street and 12th Street and benefits from strong street presence and convenient access. The site includes 48 on-site parking spaces, with a portion secured by fencing—an increasingly valuable feature in the downtown market.
The building is currently in shell condition, with previous interior improvements and hazardous materials professionally removed. This clean slate allows for efficient customization and tenant improvements, making it ideal for a wide range of uses including retail, medical, office, or specialty commercial concepts.
Property Highlights:
±18,000 SF freestanding building
±0.63-acre parcel
Corner location at M Street & 12th Street
Two blocks from 10th Street Plaza & Modesto Centre Plaza
48 on-site parking spaces (including secured/fenced area)
Masonry construction (1960)
Shell condition – ready for tenant improvements
Former improvements and hazardous materials removed
Positioned in the heart of downtown Modesto, this ±18,000 square foot freestanding building offers an exceptional opportunity for investors, owner-users, or tenants seeking a highly visible and accessible location. The property sits on a ±0.63-acre parcel just two blocks from the 10th Street Plaza and Modesto Centre Plaza, placing it within close proximity to dining, retail, and civic amenities.
Constructed in 1960 with durable masonry, the building is located on the signalized corner of M Street and 12th Street and benefits from strong street presence and convenient access. The site includes 48 on-site parking spaces, with a portion secured by fencing—an increasingly valuable feature in the downtown market.
The building is currently in shell condition, with previous interior improvements and hazardous materials professionally removed. This clean slate allows for efficient customization and tenant improvements, making it ideal for a wide range of uses including retail, medical, office, or specialty commercial concepts.
Property Highlights:
±18,000 SF freestanding building
±0.63-acre parcel
Corner location at M Street & 12th Street
Two blocks from 10th Street Plaza & Modesto Centre Plaza
48 on-site parking spaces (including secured/fenced area)
Masonry construction (1960)
Shell condition – ready for tenant improvements
Former improvements and hazardous materials removed
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,188 SF
Building Class
B
Year Built
1960
Price
$2,181,753 CAD
Price Per SF
$98.33 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
11,094 SF
Slab To Slab
10’
Building FAR
0.81
Lot Size
0.63 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
30 Spaces (1.35 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Central Heating
- Air Conditioning
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 105-29-01 | Improvements Assessment | $1,944,212 CAD |
| Land Assessment | $542,571 CAD | Total Assessment | $2,486,783 CAD |
Property Taxes
Parcel Number
105-29-01
Land Assessment
$542,571 CAD
Improvements Assessment
$1,944,212 CAD
Total Assessment
$2,486,783 CAD
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1116 M St
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