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409 E 12th 5,051 SF 100% Leased Retail Building Madera, CA 93638 $799,900 ($158.36/SF) 5.20% Cap Rate
Investment Highlights
- Grocery Store Tenant under a long-term lease with escalations
- Single Family Rents below Market Rate
Executive Summary
Here is a versatile Mixed-Use Investment in Madera! Located at 409 E 12th St, this recently updated convenience store features attractive new stucco and rock-accented exterior, enhancing its curb appeal and value. Ideally situated in a quiet residential neighborhood within walking distance to Martin Luther King Jr. Middle School and Sierra Vista Elementary, this property offers a rare blend of commercial and residential income streams. The convenience store is under a long-term lease, providing stable commercial income, while the duplex in the rear offers two residential units currently on month-to-month tenancy, allowing flexibility for owner-users or future rent adjustments. Whether you're an investor or looking for a hybrid live/work opportunity, this is a standout property in a growing community.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,051 SF
Building Class
C
Year Built
1985
Price
$799,900
Price Per SF
$158.36
Cap Rate
5.20%
NOI
$41,601
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.17 AC
Zoning
C-R, Madera - Restricted Commercial which allows Residential uses,
Parking
20 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 011-123-009 | Total Assessment | $323,932 |
| Land Assessment | $60,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $263,932 | Tax Year | 2025 |
Property Taxes
Parcel Number
011-123-009
Land Assessment
$60,000
Improvements Assessment
$263,932
Total Assessment
$323,932
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Videos
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Photos
Street View
Street
Map
Presented by
409 E 12th
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