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    240 W Shaw Ave Clovis, CA 93612

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    For Sale
    $4,310,000

    12,250 SF retail building with nine tenants for sale.

    Property size:
    12,250 SF
    Lot size:
    0.99 Acres

    Property Features for 240 W Shaw Ave

    General Information

    Size
    12,250 SF
    Lot size
    0.99 Acres

    Source: Retail California Commercial Real Estate Agent Kelsey McKenney

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Building in Clovis, CA

    Located at 240 W. Shaw Avenue in Clovis, California, this property is a 12,250± square foot building. The building currently houses nine tenants. Its C2 zoning allows for a variety of businesses, including boutique shops and service providers. The property offers rental income, representing an investment opportunity in Clovis’ retail sector.
    Location Intelligence

    Current Use by Public Records

    Clovis Orthodontics Orthodontist HIGH SOCIETY SMOKE ... Tobacco Shop Quality First Real ... Real Estate Agent Phat Manz Alley Tobacco Shop Triangle Drive In Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.7058111
    Latitude
    36.8081686

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    FAQs

    What type of property is this?
    Strip mall - 12,250 SF retail building with nine tenants for sale.
    Where is this strip mall located?
    The property is located at 240 W Shaw Ave Clovis, CA.
    What is the asking price?
    The asking price for this property is $4,310,000.
    What are key features of this property?
    This property features: - 12,250± square foot building with nine tenants.; - Steady stream of rental income.; - C2 zoning allows for diverse business types.
    (559) 256-1700
    Request Owner's contact information
    240 W Shaw Ave Clovis, CA 93612
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    Clovis, CA 93612
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    240 W Shaw Ave Clovis, CA 93612
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