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201 E St 5,631 SF Retail Building Lemoore, CA 93245 $595,000 ($105.67/SF)
INVESTMENT HIGHLIGHTS
- Owner User Opportunity | Value Add Potential
- One Existing MTM Tenant in Front Restaurant Space @ $1,300/month
- Superior Location w/ Limited Competition | Strategic Trade Area
- Rear Unit is ±6,276 SF To Be Occupied or Leased
- ±7,352 SF of Freestanding Retail/ Mixed Use @ Corner Location
- Adjacent ±5,347 SF of Contiguous Space Also Available
EXECUTIVE SUMMARY
This owner-user opportunity presents a unique blend of versatility and income potential, with one established tenant already occupying the front ±1,076 SF space. Investors will appreciate the stability provided by the current tenant, creating an attractive proposition for those looking to diversify their portfolio in a thriving location. This freestanding building totals ±7,352 SF of mixed use space on ±0.172 AC. Front space is occupied by Boba Island and pays $1,300 per month. Rear space has ±6,276 SF. The property offers a strategic advantage for an owner-user seeking a functional space with an open warehouse. The adjacent ±5,347 SF of Industrial Warehouse space is also available. This space features 5 roll up doors, 2 bathrooms and a private office. Together, these properties offer a unique investment opportunity to own a high-visibility corner location comprised of easy-to-rent spaces within an under-built market offering a strong need for these type of spaces.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,631 SF
Building Class
C
Year Built
1980
Price
$595,000
Price Per SF
$105.67
Tenancy
Single
Building Height
1 Story
Building FAR
0.75
Lot Size
0.17 AC
Zoning
DMX-1
Parking
20 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
Walk Score®
Very Walkable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 020-053-017-000 | Improvements Assessment | $135,613 |
| Land Assessment | $45,209 | Total Assessment | $180,822 |
PROPERTY TAXES
Parcel Number
020-053-017-000
Land Assessment
$45,209
Improvements Assessment
$135,613
Total Assessment
$180,822
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