Downtown Retail Building with
1018 Main Street Delano, CA 93215
1018 Main Street, Delano, CA, 93215
$495,000
For Sale
$495,000
3,700 sq. ft. commercial building with a leased front portion, flexible rear space, a basement, and a two-car garage.
Property Size1,650 SF
Price / SF$300
Days on Market431
Property Features for 1018 Main Street
General Information
- Standard status
- Active
- Size
- 1,650 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1927
Listing agency
San Joaquin Realty
(661) 750-1100
Listed by
John Lara · License #01190217
(661) 750-1100
Source
Xome
Added: May 17, 2025 Updated: Jul 21 at 8:11AM Checked: Jul 21 at 8:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of San Joaquin Realty
Investment Insights
Based on property information with market context.
This 3,700 sq. ft. commercial building offers a versatile layout with an established business leasing the front portion and a spacious rear area that can support flexible use. The property includes a basement and a garage-workshop area, with capacity to fit 2 cars.
Located in the heart of downtown Delano, the building sits near other thriving local businesses. Convenient city parking is located across the alley, providing access for customers, clients, or tenants.
With a front tenant presence and additional adaptable space in the rear, the building is structured to support continued income while leaving room for future configuration within the existing footprint.
Located in the heart of downtown Delano, the building sits near other thriving local businesses. Convenient city parking is located across the alley, providing access for customers, clients, or tenants.
With a front tenant presence and additional adaptable space in the rear, the building is structured to support continued income while leaving room for future configuration within the existing footprint.
Key Highlights
- 3,700 sq. ft. commercial building with a basement and a two‑car garage.
- Front portion is leased, providing immediate rental income.
- Rear space offers flexible use options for expansion or a garage‑workshop area.
Local 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 | $24.8k | $15.00 |
| − Vacancy | −$1.5k | −$0.89 |
| EGI | $23.3k | $14.11 |
| − OpEx | −$7.0k | −$4.23 |
| NOI | $16.3k | $9.88 |
1,650 SF · lease $15.00/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$232.9K
$203.8K – $271.7K
NOI $16,303 @ 7.0% cap · market cap 3.29%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$352.5K
$308.4K – $411.2K
NOI $24,674 @ 7.0% cap · market cap 4.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Ruiz Enterprises
Tax Preparation
Similar For Sale Nearby
Similar Off Market Nearby
- Marlins Flower Shop — 1109 Main St, Delano, CA 93215
- Marissa's Flowers — 1105 Main St, Delano, CA 93215
- Little Flower Shop — 616 High St., Delano, CA 93215
- Sally's Flowers — 1203 Cecil Ave, Delano, CA 93215
- Rachel's Flower Shop — 1324 Main St, Delano, CA 93215
FAQs
What type of property is this?
Storefront property - 3,700 sq. ft. commercial building with a leased front portion, flexible rear space, a basement, and a two-car garage.
Where is this storefront property located?
The property is located at 1018 Main Street Delano, CA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 3,700 sq. ft. commercial building with a basement and a two‑car garage.; Front portion is leased, providing immediate rental income.; Rear space offers flexible use options for expansion or a garage‑workshop area.
