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    Shop Warehouse with Drive-In Access Title is generated by Realmo AI

    516 N Gateway Drive, Madera, CA 93637

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    For Sale
    $845,000

    Single-story shop warehouse with high ceilings, drive-in loading, and secure gated rear yard storage for flexible operations.

    Type:Commercial/Industrial
    Property size:
    3,000 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $281/SF
    Added:
    Mar 10, 2026
    Days on Market:
    110
    Last Refresh:
    Jun 27 at 3:44 am

    Property Features for 516 N Gateway Drive

    General Information

    Standard status
    Active
    Size
    3,000 SF
    Lot size
    0.17 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1975

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    Patrick L. Bankston

    Listing office Real Estate eBroker, Inc.

    Listing date Mar 10, 2026

    Source Exitrealty

    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 Real Estate eBroker, Inc.

    HighLights

    • ~3,000 SF single‑story shop/warehouse built in 1975 with open layout and 22–25 ft ceiling height
    • Drive‑in/loading access with loading in front and rear
    • Concrete perimeter flooring, 1 restroom, and central gas heat
    • Newer electrical panel with 3‑phase power; plumbed for air with a commercial air compressor included (buyer to verify)
    • City water and city sewer; individual electric meter (buyer to verify)
    • Secure gated rear yard with chain‑link fencing and rear yard storage; fenced alley access

    Overview

    This single-story shop/warehouse offers an open interior layout with 22–25 ft ceiling height and concrete perimeter flooring. The building includes 1 restroom and is supported by central gas heat, a newer electrical panel, and 3-phase power. The property is plumbed for air and includes a commercial air compressor (buyer to verify). Drive-in/loading access is available with loading in both the front and rear, supporting a range of loading and workflow needs.

    Set on an approximately 7,405–7,500 SF lot (buyer to verify), the exterior includes rear yard storage options with gated alley access and chain-link fencing. City water and city sewer are provided, and there is an individual electric meter (buyer to verify). The property is described as being near downtown Madera with strong frontage and convenient access.

    Designed for tenants and operators who need both indoor shop/warehouse space and outdoor secured storage, the configuration can support uses such as building materials supply/hardscape yard, e-commerce fulfillment or distribution, machine shop or fabrication, light manufacturing/assembly, and outdoor storage of goods or materials, subject to buyer verification of zoning, permits, and intended use with the City of Madera. The property also may be compatible with a restaurant or café concept as part of the city’s commercial allowances, subject to verification.

    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 $92.9k $30.96
    − Vacancy −$5.3k −$1.76
    EGI $87.6k $29.20
    − OpEx −$26.3k −$8.76
    NOI $61.3k $20.44
    3,000 SF · lease $30.96/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $875.9K
    $766.4K – $1.02M (±1% cap)
    NOI $61,310 @ 7.0% cap · market cap 7.26%
    Second Best
    Warehouse
    $623.4K
    $545.5K – $727.3K (±1% cap)
    NOI $43,637 @ 7.0% cap · market cap 5.16%
    Theoretical Best
    Office A
    $1.16M
    $1.02M – $1.35M (±1% cap)
    NOI $81,269 @ 7.0% cap · market cap 9.62%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Fit store Accounting Firm

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madera
    County
    Madera
    State
    California
    Longitude
    -120.065213
    Latitude
    36.965179

    FAQs

    What type of property is this?
    Flex space - Single-story shop warehouse with high ceilings, drive-in loading, and secure gated rear yard storage for flexible operations.
    Where is this flex space located?
    The property is located at 516 N Gateway Drive Madera, CA.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: ~3,000 SF single‑story shop/warehouse built in 1975 with open layout and 22–25 ft ceiling height; Drive‑in/loading access with loading in front and rear; Concrete perimeter flooring, 1 restroom, and central gas heat
    More about this property
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