Downtown Manteca Mixed-Use Investment! 116-118 W Yosemite Ave 10,508 SF 100% Leased Retail Building Manteca, CA 95336 $2,212,000 CAD ($210.51 CAD/SF) 6.86% Cap Rate

Positioned at the hard corner of Yosemite Avenue and Main Street, this property sits at one of the most visible and highly trafficked intersections in Downtown Manteca. Surrounded by major national and regional tenants including Wells Fargo, Bank of America, Chase, Domino’s, AutoZone, and Taco Bell, the property benefits from strong foot traffic, daily drive-by visibility, and convenient access to Highway 99. Downtown Manteca is also undergoing a major revitalization, blending its historic small-town charm with modern development and infrastructure improvements. The city has invested in streetscape upgrades, a transit hub, and incentive programs to attract new businesses, while murals, events, and a growing dining scene continue to draw consistent activity. With limited supply, increasing demand, and a central location in the San Joaquin Valley—minutes from major highways and the future ACE commuter rail—downtown properties offer investors the rare chance to secure strong cash-flowing assets with meaningful upside as rents rise and redevelopment momentum accelerates.
This mixed-use property in the heart of Downtown Manteca offers investors diversified income with two ground-floor retail storefronts and 18 residential units above (16 single-room occupancy and 2 one-bedroom/one-bath). The asset delivers steady cash flow supported by strong historical occupancy, while also presenting clear upside through retail rent adjustments, converting modified gross leases to NNN, and implementing a RUBS program to recover utility costs from residential tenants. An on-site manager provides day-to-day oversight, ensuring the property is well-maintained and its income streams remain stable, making this an attractive value-add investment opportunity.