Indian Restaurant
3135 E Central Avenue, Fresno, CA 93725
For Sale
$259,000
Business Opportunity, Fresno, CA
Property Size1,000 SF
Lot Size0.89 Acres
Price / SF$259
Days on Market27
Property Features for 3135 E Central Avenue
General Information
Property type
Property subtype
Zoning description
Parking features
Subdivision
Standard status
APN
Size
Lot size
Tenancy & Operations
Currently Operating
Business Included
Building Details
Year built
Listing Agency:
HomeSmart PV and Associates · HomeSmart International
(559) 473-2555
Listed By:
Sharan Rakkar · License CA #01924725
(209) 602-6147
Added: Oct 18
Changed: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 656882
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.
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Investment Insights
Based on property information with market context.
Daana Paani is an Indian restaurant business at 3135 E Central Avenue in Fresno. The 1,000-square-foot property was built in 2002 and includes covered parking. Restaurant service includes dine-in and takeout, with catering for special occasions, celebrations, and events.
The property is situated on a 0.89-acre lot. The restaurant’s existing operating format combines on-site dining, takeout, and catering.
The property is situated on a 0.89-acre lot. The restaurant’s existing operating format combines on-site dining, takeout, and catering.
Key Highlights
- 1,000‑square‑foot restaurant property built in 2002
- Dine‑in and takeout service, plus catering for events
- Covered parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,536
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$270,720
$270.7K
Cap Rate 7%
$193,371
$193.4K
Cap Rate 9%
$150,400
$150.4K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$19.2K $19.20/SF
− Vacancy
−$1.2K −$1.15/SF
EGI
$18.0K $18.05/SF
− OpEx
−$4.5K −$4.51/SF
NOI
$13.5K $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%
$270,720
Cap Rate 7%
$193,371
Cap Rate 9%
$150,400
Alternative Uses
Best Use
Specialty Retail
$193.4K
$169.2K – $225.6K
NOI $13,536 @ 7.0% cap · market cap 5.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$294.7K
$257.9K – $343.8K
NOI $20,628 @ 7.0% cap · market cap 7.96%
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
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
56k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
AMPM
Shops & Services
13,794 visits/mo
0.1 miles
ARCO
Shops & Services
10,110 visits/mo
0.0 miles
Jack in the Box
Dining
8,095 visits/mo
0.1 miles
Chevron
Shops & Services
6,180 visits/mo
0.0 miles
76
Shops & Services
5,846 visits/mo
0.1 miles
Demographics for 93725, CA
26,162
Population
6,998
Households
3.7
Avg Household Size
30
Median Age
13%
College-Educated
68%
High-School Grad
67.0 sq mi
ZIP Area
390
Density / Sq Mi
$71,099
Median Household Income
$34,943
Median Earnings
$1,222
Median Rent
$262,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Conventional restaurants in Fresno County, CA
Properties on Market for Conventional restaurants in Fresno County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant business offers dine-in, takeout, and catering service.
Where is this conventional restaurant located?
The property is located at 3135 E Central Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 1,000‑square‑foot restaurant property built in 2002; Dine‑in and takeout service, plus catering for events; Covered parking
