1302 9th Street
Modesto, CA, 95354
$
1,787,000
Bedrooms--
Baths--
Sq
12,000
Monthly Estimate*
$
11,283
for $1,787,000. This 12,000 square foot building was built in 1920 on a lot size of 0.3214.
Excellent Sale Leaseback Investment! Nearly Zero Landlord Maintenance! 7% Cap Rate! Subject property is occupied by Fresh Ideas Flower Company, the region's largest wholesale and retail flower bouquet company. In business since 1998, the tenant generates annual sales over $8M, wholesales flowers to grocery stores throughout the region, and operates a retail flower shop and delivery services. Fresh Ideas maintains a weekly delivery footprint stretching from Redding to Reno and Sacramento to Bakersfield a well-established, financially strong operator providing a secure, long-term income stream. Under the lease, the Tenant is responsible for all property maintenance, including roof and HVAC, minimizing landlord obligations and making this a truly passive, low-management investment. The property is offered with a new a five year lease at $13,000 per month starting rent and 3% annual increases, providing an investor with immediate, stable income from day one. Property features a 12,000 SF commercial building, on a 13,939 SF corner lot and offers a rare combination of office, retail, refrigerated cold storage, and open warehouse space under one roof. This property presents a versatile asset with broad appeal across food distribution, cold storage, light industrial, and service industry users. Interior highlights include a 5,000 SF open warehouse (50'100'), a 1,500 SF 40 chiller room, a walk-in refrigerator, large office and retail areas, a remodeled restroom, and a breakroom with kitchenette. Please see brochure for more information. Property could be sold to an owner-user if preferred.
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Features
General
Sewer
Public Sewer
Heating
See Remarks
Cooling
See Remarks
Utilities
Varies by Unit
Roof
See Remarks
Construction Materials
See Remarks
Year Built
1920
Electric
Separate Electric Meter
Tenant Pays
See Remarks
Stories Count
0
Property Subtype
Retail
Location
Downtown
Freeway Nearby
Business Type
Florist
County
Stanislaus
Property Type
Commercial Sale
Building Features
See Remarks
Close Price
0.0
Status
Active
Directions
9th St to address
City
Modesto
Zoning Description
Urban General Downtown
Number Of Units Total
1
MLS Area
20108
Lot Size Square Feet
14000.0
Standard Status
Active
Year Built Source
Assessor Auto-Fill
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Interior
Flooring
Carpet
0
Office Area
0
Total Stories
0
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Exterior
Parking Features
See Remarks
Water Source
See Remarks
Total Parking
0.0
Number of Buildings
0
Building Area Total
12000.0
Lot Size Acres
0.3214
Lot Size Source
Assessor Auto-Fill
Parking Ratio
0.0
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* Excluded Features
List By
Pmz Commercial Real Estate
Broker
Affordability Calculator
- Monthly Principal & Interest
- $11,283
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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
Commerical listings in Modesto, CA
Average List Price
$1,278,869
Percent of Sale Price
28%
About Modesto, CA
216,543
Population
13%
Since 2002
$
52,278
Median Income
36.08
Median Age
33%
Households with Children
Trends Information provided by ATTOM Data Solutions.
295416
Elementary School
295437
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
5/29/2026
|
$1,787,000
|
-3.41%
|
Price Down
|
|
4/20/2026
|
$1,850,000
|
|
Listed Price
|