Freestanding Storefront with Two
For Sale
$450,000
2403 E Clinton Avenue, Fresno, CA 93703
A single-story commercial building offers two distinct spaces and existing security features in one suite.
Property Size1,800 SF
Price / SF$250
Days on Market131
Property Features for 2403 E Clinton Avenue
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Commercial
Site & Location
Neighborhood
Mclane
Amenities
bullet proof glass barriers
showcases
jewelry/gun safes
leased outdoor advertising sign
Building Details
Building Size
1,800 SF
Year Built
1953
Buildings
1
Stories
1
Tenancy
Multi
Listing Agency:
Realty Concepts, Ltd. - Fresno
Listed By:
Pat R Di Cicco
(559) 287-7233
Source:
Pinkkeyrealestate
Added: Jun 25
Changed: Nov 2
Last Checked: Oct 31 at 3:12AM
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
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 freestanding, single-story storefront contains two separate spaces within an 1,800-square-foot building constructed in 1953. One space includes bullet-resistant glass barriers, display showcases, and four standing safes previously used in a jewelry-store setting.
The property is at the intersection of Fresno and Clinton, a short walk from the VA Hospital in Fresno. An outdoor advertising sign on the property is leased.
The property is at the intersection of Fresno and Clinton, a short walk from the VA Hospital in Fresno. An outdoor advertising sign on the property is leased.
Key Highlights
- Two separate spaces in an 1,800‑square‑foot building
- Single‑story freestanding storefront built in 1953
- One space has bullet‑resistant glass barriers and display showcases
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,092
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,840
$421.8K
Cap Rate 7%
$301,314
$301.3K
Cap Rate 9%
$234,356
$234.4K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$32.4K $18.00/SF
− Vacancy
−$2.3K −$1.26/SF
EGI
$30.1K $16.74/SF
− OpEx
−$9.0K −$5.02/SF
NOI
$21.1K $11.72/SF
Area
Fresno, CA
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$421,840
Cap Rate 7%
$301,314
Cap Rate 9%
$234,356
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,124
Businesses Nearby
90k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 52%
Dining 47%
Electronics 1%
Starbucks
Dining
25,010 visits/mo
0.5 miles
Jack in the Box
Dining
16,974 visits/mo
0.5 miles
7-Eleven
Shops & Services
11,482 visits/mo
0.4 miles
Family Dollar
Shops & Services
9,627 visits/mo
0.4 miles
Shell
Shops & Services
7,639 visits/mo
0.0 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
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Maya Florist — 3228 Mayfair Blvd, Fresno, CA 93703
- Manuel's Flower Shop — 1901 E Shields Ave, Fresno, CA 93726
- Carmens flowers — 3203 E Shields Ave, Fresno, CA 93726
Frequently Asked Questions
What type of property is this?
Storefront property - A single-story commercial building offers two distinct spaces and existing security features in one suite.
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: Two separate spaces in an 1,800‑square‑foot building; Single‑story freestanding storefront built in 1953; One space has bullet‑resistant glass barriers and display showcases
