Downtown Dos Palos Retail
1537 Center Ave Dos Palos, CA 93620
1537 Center Ave, Dos Palos, CA, 93620
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For Sale
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Retail building in downtown Dos Palos with high visibility.
Property Size5,400 SF
Price / SF$69.43
Days on Market1100
Property Features for 1537 Center Ave
General Information
- Standard status
- Active
- Size
- 5,400 SF
- Property subtype
- Retail
Listing agency
C21 Commercial
(559) 359-4035
Listed by
Jared Ennis · License #CA
Source
Crexi
Added: Jul 19, 2023 Updated: Jul 10 at 3:44PM Checked: Jul 20 at 4:43AM
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 C21 Commercial
Investment Insights
Based on property information with market context.
This is a ±5,400 SF retail building located in downtown Dos Palos. The property has the potential to be divided into two ±2,700 SF retail spaces. It features vehicle access with parking available in the front. The location is in a walkable area within a dense downtown setting. The property benefits from high visibility, drawing traffic from neighboring retailers and nearby residential areas. Suite #1537, comprising ±2,750 SF, includes an open retail counter/showroom, two pizza ovens, two bread ovens, and a walk-in cooler and freezer. It is equipped with a full hood and fire suppression system and burner. The design incorporates flex spaces, with the two large production ovens configured to maximize floor space efficiency. Suite #1541, also ±2,750 SF, offers a large open retail or kitchen/dining area, office space, a break room with lockers, a walk-in cooler and freezer, and restrooms. Both suites have access to two walk-in coolers and freezers, which can be combined into one ±5,400 SF restaurant space or separated for additional income. Both suites also feature double oversized man-doors in the back of the building for access.
Key Highlights
- ±5,400 SF retail building with potential to be split into (2) ±2,700 SF retail spaces.
- Located in a dense, walkable downtown area with high visibility and traffic.
- Suite #1537 features a full hood & fire suppression system, burner, (2) pizza ovens, (2) bread ovens, walk‑in cooler & freezer, and open retail counter/showroom.
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 | $16.8k | $3.12 |
| − Vacancy | −$1.1k | −$0.20 |
| EGI | $15.8k | $2.92 |
| − OpEx | −$4.7k | −$0.88 |
| NOI | $11.1k | $2.05 |
5,400 SF · lease $3.12/SF/yr · vacancy 6.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$157.9K
$138.1K – $184.2K
NOI $11,051 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$1.19M
$1.04M – $1.39M
NOI $83,398 @ 7.0% cap · market cap 22.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building in downtown Dos Palos with high visibility.
Where is this retail space located?
The property is located at 1537 Center Ave Dos Palos, CA.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: ±5,400 SF retail building with potential to be split into (2) ±2,700 SF retail spaces.; Located in a dense, walkable downtown area with high visibility and traffic.; Suite #1537 features a full hood & fire suppression system, burner, (2) pizza ovens, (2) bread ovens, walk‑in cooler & freezer, and open retail counter/showroom.
