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Commercial Restaurant Property
For Sale
$550,000

255 E Kings Street, Avenal, CA 93204

COMMERCIAL - Avenal, CA

Property Size2,500 SF
Lot Size0.08 Acres
Price / SF$220
Days on Market139

Property Features for 255 E Kings Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Skyline Blvd to 3rd Ave. North on 3rd Ave to Kings St. Property is on the northwest corner of Kings/3rd.
Subdivision 204
Standard status Active
APN 040175021
Size 2,500 SF
Lot size 0.08 Acres

Building Details

Floors in Building 1
Roof type Flat
Listing Agency: Century 21 Select Real Estate · Century 21 Real Estate
Listed By: Joanne Oh
Added: Mar 18 Changed: Aug 2 Last Checked: Aug 3 at 6:06AM
MLS# 645634

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial restaurant property is offered for sale in Avenal, California. The building size is approximately 2,500 square feet, situated on a 0.0781-acre lot.

The property address is 255 E Kings Street in Avenal (Kings County), making it a straightforward option for buyers looking for an existing restaurant-oriented asset in the area.

The available information describes the property as a conventional restaurant/commercial real estate offering; no additional improvements, unit mix, or operational details are provided.

Key Highlights

  • Roof type: flat

Financial Insights For Specialty 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 $43.2k $17.28
− Vacancy −$1.8k −$0.73
EGI $41.4k $16.55
− OpEx −$10.3k −$4.14
NOI $31.0k $12.42
2,500 SF · lease $17.28/SF/yr · vacancy 4.20% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$443.4K
$388.0K – $517.3K (±1% cap)
NOI $31,039 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Healthcare Medical
$789.9K
$691.1K – $921.5K (±1% cap)
NOI $55,290 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Subway Take-out & Catering

Suggested Use

Top Pick Spa & Massage Center Building Supply Nail Salon Hair Salon Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

260
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93204, CA

13,720
Population
3,085
Households
4.4
Avg Household Size
35
Median Age
4%
College-Educated
51%
High-School Grad
70.6 sq mi
ZIP Area
194
Density / Sq Mi
$52,986
Median Household Income
$30,199
Median Earnings
$1,060
Median Rent
$224,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property offered for sale in Avenal with approximately 2,500 square feet on a 0.0781-acre lot.
Where is this conventional restaurant located?
The property is located at 255 E Kings Street Avenal, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Roof type: flat
More about this property
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