Freestanding Retail Building with
2403 E Clinton Avenue Fresno, CA 93703
2403 E Clinton Avenue, Fresno, CA, 93703
$450,000
For Sale
$450,000
Single-story building with two separate spaces, including a jewelry buildout with bullet-resistant barriers and in-room safes.
Property Size1,800 SF
Price / SF$250
Days on Market395
Property Features for 2403 E Clinton Avenue
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1953
Listing Agency
Realty Concepts, Ltd. - Fresno
(559) 287-7233
Listed by
Pasquale Rocco Di Cicco · License #02007958
(559) 287-7233
Source
Exitrealty
Added: Jun 17, 2025 Checked: Jul 16 at 6:11 am
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 Realty Concepts, Ltd. - Fresno
Investment Insights
Based on property information with market context.
This single-story, freestanding retail building is configured with two separate spaces. One space has been used as a jewelry store and includes bullet-resistant glass barriers, display showcases, and four standing jewelry/gun safes. The remaining space provides an additional adaptable area for a retail or showroom concept, subject to buyer/operator use.
The property is located at 2403 E Clinton Avenue in Fresno, CA, and is described as a short walk from the VA Hospital Fresno. The site also includes a leased outdoor advertising sign, providing an additional income component tied to the current sign arrangement.
For buyers or tenants evaluating a retail presence, the existing jewelry-oriented buildout in one suite can reduce initial outfitting needs for similar security-sensitive retail uses. The overall two-space layout supports flexible occupancy options, whether for an end user, a split-tenant model, or an operator who wants separate retail and back-office/display arrangements, while the leased sign offers another line item to consider in underwriting.
The property is located at 2403 E Clinton Avenue in Fresno, CA, and is described as a short walk from the VA Hospital Fresno. The site also includes a leased outdoor advertising sign, providing an additional income component tied to the current sign arrangement.
For buyers or tenants evaluating a retail presence, the existing jewelry-oriented buildout in one suite can reduce initial outfitting needs for similar security-sensitive retail uses. The overall two-space layout supports flexible occupancy options, whether for an end user, a split-tenant model, or an operator who wants separate retail and back-office/display arrangements, while the leased sign offers another line item to consider in underwriting.
Key Highlights
- Single‑story, freestanding building built in 1953 with two separate spaces
- Jewelry store buildout includes bullet‑resistant glass barriers, showcases, and 4 standing jewelry/gun safes
- Leased outdoor advertising sign on the property
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 | $32.4k | $18.00 |
| − Vacancy | −$2.3k | −$1.26 |
| EGI | $30.1k | $16.74 |
| − OpEx | −$9.0k | −$5.02 |
| NOI | $21.1k | $11.72 |
1,800 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$301.3K
$263.7K – $351.5K
NOI $21,092 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.4K
$464.1K – $618.8K
NOI $37,130 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
PHNOM PENH JEWELRY
(Bike/Boat/Book/etc) Store
Lucy’s Gorditas
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- Mendoza Flower Shop — 4770 E Clinton Ave #106, Fresno, CA 93703
- Daisy's Flowers — 4783 E McKinley Ave, Fresno, CA 93703
FAQs
What type of property is this?
Storefront property - Single-story building with two separate spaces, including a jewelry buildout with bullet-resistant barriers and in-room safes.
Where is this storefront property located?
The property is located at 2403 E Clinton Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Single‑story, freestanding building built in 1953 with two separate spaces; Jewelry store buildout includes bullet‑resistant glass barriers, showcases, and 4 standing jewelry/gun safes; Leased outdoor advertising sign on the property
