Madera Multi-Tenant Commercial
For Sale
Contact for pricing
Pending
401 N E St, Madera, CA 93638
Value-add industrial investment opportunity in Madera, California.
Property Size44,165 SF
Lot Size1.83 Acres
Days on Market885
Property Features for 401 N E St
General Information
Standard status
Pending
Size
44,165 SF
Class
B
Total Parking Spaces
55
Lot size
1.83 Acres
Property subtype
Industrial
Zoning
Commercial Service
Occupancy
91%
Lease Type
Gross
Investment Type
Value Add
Net Operating Income
$201,402
Building Details
Year Built
1977
Year Renovated
2023
Buildings
6
Stories
1
Units
20
Tenancy
Multi
Listing Agency:
C21 Commercial
(559) 359-4035
Listed By:
Jared Ennis · License #CA
Source:
Crexi
Added: Mar 26, 2024
Changed: Aug 15
Last Checked: Aug 26 at 12:58PM
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 C21 Commercial
Investment Insights
Based on property information with market context.
This commercial service multi-tenant complex, located between Fresno and Merced in Madera, California, offers a value-add industrial investment opportunity. The property, situated on 1.83 acres, consists of approximately 44,165 square feet and features 20 economical separate spaces. Currently, 17 long-term tenants occupy the spaces under AIR Industrial Gross leases, resulting in a 91% occupancy rate. The property generates an actual collected rent of $256,369 per year, presenting an upside potential. The property at 401-425 N "E" St totals 29,635 SF on 3 APN's offering (13) units with (17) rollup doors; #610 N "E" St totals 14,286 SF offering (7) units with (14) rollup doors. The property offers multiple configurations ranging from 980 SF up to 6,000 SF with an average of 2,270 SF units. The spaces are designed with an office/showroom, shop area, and fenced yard. Each unit is equipped with ample power, roll-up doors, restrooms, skylights, air vents, evaporative coolers, heaters, and security features, with the ability to combine units. The property benefits from great visibility, convenient parking, fenced yards, existing corner signage, and easy access to CA-99 on/off ramps connecting to I-5.
Key Highlights
- Value‑add opportunity to increase gross annual income to $398,110/year at full market rents.
- High occupancy rate (91%) with long‑term tenants and upside potential through lease extensions and market rate adjustments.
- Realistic 6‑12 month stabilized gross annual income of $306,289.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,127
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93638, CA
51,106
Population
12,821
Households
4
Avg Household Size
29
Median Age
8%
College-Educated
56%
High-School Grad
90.3 sq mi
ZIP Area
566
Density / Sq Mi
$60,031
Median Household Income
$28,544
Median Earnings
$1,218
Median Rent
$291,500
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Value-add industrial investment opportunity in Madera, California.
Where is this warehouse located?
The property is located at 401 N E St Madera, CA.
What is the asking price?
The asking price for this property is $2,475,000.
What are key features of this property?
This property features: Value‑add opportunity to increase gross annual income to $398,110/year at full market rents.; High occupancy rate (91%) with long‑term tenants and upside potential through lease extensions and market rate adjustments.; Realistic 6‑12 month stabilized gross annual income of $306,289.
