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Lewis Market 2301 E Lewis Ave 2,980 SF Retail Building Fresno, CA 93701 $599,000 ($201.01/SF)
Investment Highlights
- Reported current business NOI of approximately $250,000 annually
- Sale includes real estate, operating business and Series 21 liquor license
- Owner-operator or investment opportunity with multiple income-producing components
Executive Summary
Opportunity to acquire the real estate and operating business at 2301 E Lewis Ave, Fresno. The offering includes an approximately 2,980 SF neighborhood convenience store, the existing business operation, and the business-owned Series 21 liquor license, subject to applicable transfer requirements. The store also features an on-site carniceria/meat market. In addition, the property includes a 3-bedroom/1-bath residential unit and a studio unit located at the rear of the property. The business currently reports approximately $250,000 in annual NOI. This combined real estate and business offering provides an owner-operator or investor the opportunity to acquire an operating retail asset with multiple components and an established income stream.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,980 SF
Building Class
C
Year Built
1940
Price
$599,000
Price Per SF
$201.01
Tenancy
Single
Building Height
1 Story
Building FAR
0.46
Lot Size
0.15 AC
Opportunity Zone
Yes
Zoning
R-2, Fresno
Frontage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 452-156-21 | Improvements Assessment | $338,877 |
| Land Assessment | $56,889 | Total Assessment | $395,766 |
Property Taxes
Parcel Number
452-156-21
Land Assessment
$56,889
Improvements Assessment
$338,877
Total Assessment
$395,766
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Lewis Market | 2301 E Lewis Ave