Overview
About This Listing
Positioned at the hard corner of Yosemite Avenue and Main Street, this mixed-use asset sits at one of the most prominent intersections in Downtown Manteca. The property is surrounded by major tenants such as Wells Fargo, Bank of America, Chase, Domino’s, AutoZone, and Taco Bellbenefiting from strong foot traffic, excellent visibility, and proximity to Highway 99. Downtown Manteca is undergoing a major revitalization effort, with the City investing in streetscape upgrades, a new transit hub, and business incentives. The area is drawing increased activity through events, public art, and a growing dining scene. With limited supply, rising demand, and quick access to highways and the future ACE commuter rail, this location offers investors a rare opportunity for long-term value. The asset features two ground-floor retail units and 18 residential units above (16 SROs and 2 one-bed/one-bath). The building has strong historical occupancy and provides consistent cash flow. There is additional upside through retail rent increases, converting modified gross leases to NNN, and implementing RUBS to recapture utility expenses. An on-site manager ensures daily oversight, making this an ideal cash-flowing and value-add investment in the heart of the San Joaquin Valley.
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