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Downtown Manteca Mixed-Use Investment! 116-118 W Yosemite Ave 10 508 pi² 100% Loué Commerce de détail Immeuble Manteca, CA 95336 2 204 480 $ CAD (209,79 $ CAD/pi²) 6,86% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Unit Mix: Two ground-floor retail storefronts and 18 residential units (16 SRO, 2 one-bedroom/one-bath), providing diversified income streams.
- Residential RUBS Potential: Opportunity to implement a Ratio Utility Billing System (RUBS) to reduce ownership’s overhead utility expenses.
- On-Site Manager: Provides daily oversight, ensures smooth operations, and supports long-term tenant retention and property stability.
- Retail Upside: Both retail units are leased below market, with one tenant on a month-to-month basis—creating flexibility to adjust rents.
- Value-Add Opportunity: Upside through retail rent adjustments, RUBS implementation, lease restructuring, and many more.
- Revitalizing Downtown: Benefiting from city investments in streetscape improvements, transit upgrades, business incentives, and a growing dining.
RÉSUMÉ DE L'ANNONCE
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.
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.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Commerce pied immeuble
Taille du bâtiment
10 508 pi²
Classe d’immeuble
C
Année de construction
1980
Prix
2 204 480 $ CAD
Prix par pi²
209,79 $ CAD
Taux de capitalisation
6,86%
Revenu net d’exploitation
151 146 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
2 étages
Dalle à dalle
12’
Coefficient d’occupation des sols de l’immeuble
1,42
Taille du lot
0,17 AC
Stationnement
5 places (0,48 places par 1 000 pi² loué)
Façade
43’ sur Yosemite Ave
COMMODITÉS
- Affichage
- Climatisation
Walk Score®
Très pratique à pied (89)
Bike Score®
Très cyclable (71)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 219-410-08 | Évaluation des bâtiments | 327 771 $ CAD |
| Évaluation du terrain | 157 327 $ CAD | Évaluation totale | 485 098 $ CAD |
Impôts fonciers
Numéro de lot
219-410-08
Évaluation du terrain
157 327 $ CAD
Évaluation des bâtiments
327 771 $ CAD
Évaluation totale
485 098 $ CAD
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Downtown Manteca Mixed-Use Investment! | 116-118 W Yosemite Ave
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