Liquor Store Business for
For Sale
$425,000
1576 N 1st St, Fresno, CA 93703
Established liquor store business for sale on a busy street with a transferable liquor license and convenience product mix.
Property Size2,160 SF
Price / SF$196.76
Days on Market177
Property Features for 1576 N 1st St
General Information
Standard status
Active
Size
2,160 SF
Property subtype
Business Opportunity
Site & Location
Neighborhood
Mclane
Additional Details
Business Included
Yes
Liquor License
Yes
Listing Agency:
HomeSmart PV and Associates
(559) 473-2555
Listed By:
Sharan Rakkar · License #01924725
(559) 681-1133
Source:
Exprealty
Added: May 11
Changed: Oct 26
Last Checked: Nov 1 at 9:17AM
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 HomeSmart PV and Associates
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This offering is for a well-established liquor store business only. The seller indicates the inventory is not included, and a clean liquor license is included with the sale. The store sells a variety of convenience items along with liquor, beer, and wine, and it also offers EBT services and Lotto sales.
The business is conveniently located on a busy street near a residential neighborhood. Public remarks note visibility and strong foot traffic at the site.
The combination of convenience retail, alcohol sales, and add-on services like EBT and Lotto can support a tenant/operator seeking an established retail format with an included liquor license. For buyers, the key items included in the transaction are the business and the clean license, while inventory should be evaluated separately since it is not included.
The business is conveniently located on a busy street near a residential neighborhood. Public remarks note visibility and strong foot traffic at the site.
The combination of convenience retail, alcohol sales, and add-on services like EBT and Lotto can support a tenant/operator seeking an established retail format with an included liquor license. For buyers, the key items included in the transaction are the business and the clean license, while inventory should be evaluated separately since it is not included.
Key Highlights
- Established liquor store business for sale on a busy street near a residential neighborhood
- Owner‑operated; sale includes the business only—inventory is not included
- Store sells liquor, beer, and wine, plus convenience items
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,238
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,760
$584.8K
Cap Rate 7%
$417,686
$417.7K
Cap Rate 9%
$324,867
$324.9K
Market Conditions
NOI Build-Up for 2,160 SF
Gross rent
$41.5K $19.20/SF
− Vacancy
−$2.5K −$1.15/SF
EGI
$39.0K $18.05/SF
− OpEx
−$9.7K −$4.51/SF
NOI
$29.2K $13.54/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$584,760
Cap Rate 7%
$417,686
Cap Rate 9%
$324,867
Alternative Uses
Best Use
Specialty Retail
$417.7K
$365.5K – $487.3K
NOI $29,238 @ 7.0% cap · market cap 6.88%
Second Best
Retail
$361.6K
$316.4K – $421.9K
NOI $25,311 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$636.5K
$557.0K – $742.6K
NOI $44,556 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
782
Businesses Nearby
92k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 74%
Dining 24%
Electronics 2%
dd's DISCOUNTS
Shops & Services
26,821 visits/mo
0.1 miles
Dollar Tree
Shops & Services
18,915 visits/mo
0.1 miles
7-Eleven
Shops & Services
11,482 visits/mo
0.5 miles
La Hacienda
Dining
9,613 visits/mo
0.1 miles
Sinclair
Shops & Services
6,988 visits/mo
0.3 miles
Demographics for 93703, CA
34,840
Population
11,155
Households
3.1
Avg Household Size
31
Median Age
9%
College-Educated
72%
High-School Grad
4.8 sq mi
ZIP Area
7,258
Density / Sq Mi
$43,236
Median Household Income
$30,359
Median Earnings
$1,204
Median Rent
$250,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Central Valley Merchandise Store — 1020 n first st, fresno, ca 93702
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established liquor store business for sale on a busy street with a transferable liquor license and convenience product mix.
Where is this grocery and convenience store located?
The property is located at 1576 N 1st St Fresno, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Established liquor store business for sale on a busy street near a residential neighborhood; Owner‑operated; sale includes the business only—inventory is not included; Store sells liquor, beer, and wine, plus convenience items
