Prime Commercial Building in
191 N Elmwood Avenue Lindsay, CA 93247
For Sale
$700,000
COMMERCIAL - Lindsay, CA
Property Size4,500 SF
Lot Size0.10 Acres
Price / SF$155.56
Days on Market319
Property Features for 191 N Elmwood Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 205282019000
- Size
- 4,500 SF
- Lot size
- 0.10 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1900
- Roof type
- Metal
Listing Agency:
Joy Realty Group
(559) 310-4415
Listed By:
Ruben Benitez
(559) 804-1557
Added: Sep 8, 2025
Changed: May 14
Last Checked: Jul 23 at 5:06PM
MLS# 237252
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial building, formerly El Dorado Jewelers, is located in downtown Lindsay, California, near restaurants, convenience stores, and schools, with easy access to Highway 65. The property features an open showroom and a separate warehouse or storage area, offering various possibilities for business operations. Situated on a corner lot of 0.1 acres, the location allows for great exposure. The building has a size of 4,500 square feet and is located in Tulare County.
Key Highlights
- Prime downtown location in Lindsay near restaurants, stores, and schools.
- Easy access to Highway 65.
- Open showroom and separate warehouse/storage area.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.2k | $21.60 |
| − Vacancy | −$5.4k | −$1.21 |
| EGI | $91.8k | $20.39 |
| − OpEx | −$27.5k | −$6.12 |
| NOI | $64.2k | $14.27 |
4,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$917.6K
$802.9K – $1.07M
NOI $64,230 @ 7.0% cap · market cap 9.18%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.59M
NOI $95,681 @ 7.0% cap · market cap 13.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Ingoldsby Flower Shop — 237 e hermosa st, lindsay, ca 93247
- Angel Garden Flowers & Gifts — 232 N Mirage Ave A, Lindsay, CA 93247
FAQs
What type of property is this?
Storefront property - Commercial building in a prime location near downtown Lindsay.
Where is this storefront property located?
The property is located at 191 N Elmwood Avenue Lindsay, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime downtown location in Lindsay near restaurants, stores, and schools.; Easy access to Highway 65.; Open showroom and separate warehouse/storage area.
