Corner Retail-Industrial
191 N Elmwood Avenue Lindsay, CA 93247
191 N Elmwood Avenue, Lindsay, CA, 93247
$700,000
For Sale
$700,000
Former El Dorado Jewelers building with an open showroom plus a separate warehouse or storage area.
Property Size4,500 SF
Price / SF$155.56
Days on Market546
Property Features for 191 N Elmwood Avenue
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
Joy Realty Group
(559) 804-1557
Listed by
Ruben Benitez
(559) 804-1557
Source
Xome
Added: Jan 22, 2025 Updated: Jul 22 at 2:07AM Checked: Jul 22 at 2:07AM
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 Joy Realty Group
Investment Insights
Based on property information with market context.
Located at 191 N Elmwood Avenue in Lindsay, CA, this former El Dorado Jewelers building offers a layout designed for mixed front-and-back operations. The property includes an open showroom area along with a separate warehouse or storage area.
The building sits in downtown Lindsay near restaurants, convenience stores, and schools, with easy access to Highway 65. Its corner location can support storefront visibility for businesses seeking a prominent street presence.
For sale as a commercial building ready for a new tenant or owner, it presents a flexible configuration for users who want public-facing space combined with dedicated storage or back-of-house area.
The building sits in downtown Lindsay near restaurants, convenience stores, and schools, with easy access to Highway 65. Its corner location can support storefront visibility for businesses seeking a prominent street presence.
For sale as a commercial building ready for a new tenant or owner, it presents a flexible configuration for users who want public-facing space combined with dedicated storage or back-of-house area.
Key Highlights
- Former El Dorado Jewelers commercial building
- Open showroom plus a separate warehouse/storage area
- Downtown Lindsay location near restaurants, convenience stores, and schools
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 | $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
Flex RnD
$565.0K
$494.4K – $659.2K
NOI $39,551 @ 7.0% cap · market cap 5.65%
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
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Former El Dorado Jewelers building with an open showroom plus a separate warehouse or storage area.
Where is this flex space 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: Former El Dorado Jewelers commercial building; Open showroom plus a separate warehouse/storage area; Downtown Lindsay location near restaurants, convenience stores, and schools
