Multi-Building Retail and Flex
201 N I Street Madera, CA 93637
201 N I Street, Madera, CA, 93637
Contact for pricing
For Sale
Contact for pricing
Pending
Two buildings on one lot offer retail-commerical space and a leased residential/commercial home with 2 car covered parking.
Property Size3,330 SF
Days on Market223
Property Features for 201 N I Street
General Information
- Standard status
- Pending
- Size
- 3,330 SF
- Property subtype
- Special Purpose
Listing agency
Century 21 Select Real Estate
Listed by
Glenn Chu · License #CA
Source
Crexi
Added: Dec 10, 2025 Updated: Jul 21 at 5:20AM Checked: Jul 21 at 5:20AM
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 Century 21 Select Real Estate
Investment Insights
Based on property information with market context.
The property consists of two buildings on a single lot. Building One is a retail/commercial building currently owner-occupied as a flower shop, with open customer/retail areas, workspace, storage, and an attached 2-car tandem covered carport. Building Two is a residential/commercial structure currently leased on a month-to-month agreement and used as an ambulance crew ready station.
Building Two is described as a 3-bedroom, 2-bath home, and it is leased to American Ambulance. The combination of an operating retail use plus an existing month-to-month lease provides a built-in income component.
For buyers seeking flexibility, the offering presents a mixed-use configuration with both commercial presence and a separately leased building, allowing for continued use under current arrangements or alternative plans subject to buyer verification.
Building Two is described as a 3-bedroom, 2-bath home, and it is leased to American Ambulance. The combination of an operating retail use plus an existing month-to-month lease provides a built-in income component.
For buyers seeking flexibility, the offering presents a mixed-use configuration with both commercial presence and a separately leased building, allowing for continued use under current arrangements or alternative plans subject to buyer verification.
Key Highlights
- Two buildings on one lot: approx. 2,144 sq. ft. retail/commercial and approx. 1,476 sq. ft. residential/commercial
- Building 1 is owner‑occupied as a retail flower shop and includes open retail/customer areas, workspace, storage, and attached 2‑car tandem covered carport
- Building 2 is a 3‑bedroom, 2‑bath home leased to American Ambulance on a month‑to‑month agreement as an ambulance crew ready station
Local Financial Insights For Healthcare Medical
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 | $89.9k | $27.00 |
| − Vacancy | −$9.5k | −$2.86 |
| EGI | $80.4k | $24.14 |
| − OpEx | −$32.2k | −$9.66 |
| NOI | $48.2k | $14.48 |
3,330 SF · lease $27.00/SF/yr · vacancy 10.60% · expense 40.00%
Alternative Uses
Best Use
Retail
$972.2K
$850.7K – $1.13M
NOI $68,054 @ 7.0% cap · market cap 11.36%
Second Best
Healthcare Medical
$689.0K
$602.9K – $803.8K
NOI $48,228 @ 7.0% cap · market cap 8.05%
Theoretical Best
Office A
$1.29M
$1.13M – $1.50M
NOI $90,208 @ 7.0% cap · market cap 15.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Plaza Flower Shop
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Two buildings on one lot offer retail-commerical space and a leased residential/commercial home with 2 car covered parking.
Where is this retail space located?
The property is located at 201 N I Street Madera, CA.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Two buildings on one lot: approx. 2,144 sq. ft. retail/commercial and approx. 1,476 sq. ft. residential/commercial; Building 1 is owner‑occupied as a retail flower shop and includes open retail/customer areas, workspace, storage, and attached 2‑car tandem covered carport; Building 2 is a 3‑bedroom, 2‑bath home leased to American Ambulance on a month‑to‑month agreement as an ambulance crew ready station
