Retail Space for Creative
657 S Kaweah Avenue Exeter, CA 93221
For Sale
$265,000
A small retail space offered for sale, described as ready for a new laundry or other custom concept.
Property Size1,440 SF
Price / SF$184.03
Days on Market318
Property Features for 657 S Kaweah Avenue
General Information
Standard status
Active
Size
1,440 SF
Property subtype
General Commercial
Building Details
Year Built
1960
Listing Agency:
Melson Realty, Inc.
(559) 280-5000
Listed By:
Tricia Kirksey
(559) 280-5000
Source:
Xome
Added: Sep 15, 2025
Changed: Jul 10
Last Checked: Jun 14 at 1:31AM
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 Melson Realty, Inc.
Investment Insights
Based on property information with market context.
This listing presents a retail space measuring 1,440 square feet, offered for sale. The seller’s remarks indicate the space is ready for a new operator to come in and tailor the buildout to their concept. The property type supports a range of retail uses, with the current presentation specifically calling out a potential laundry concept as one option.
The property is located at 657 S Kaweah Avenue in Exeter, CA 93221. As presented, it is a straightforward acquisition for a buyer seeking a smaller commercial footprint and the flexibility to determine the final use within retail parameters.
For tenants, buyers, or investors looking for a smaller retail asset to reposition, this offering may fit operators who want to control the tenant improvements and align the space with their own business plan. If you’re evaluating retail opportunities in the Exeter area, this property’s described readiness and retail configuration may be worth a closer look to determine how your concept could be accommodated within the existing 1,440-square-foot space.
The property is located at 657 S Kaweah Avenue in Exeter, CA 93221. As presented, it is a straightforward acquisition for a buyer seeking a smaller commercial footprint and the flexibility to determine the final use within retail parameters.
For tenants, buyers, or investors looking for a smaller retail asset to reposition, this offering may fit operators who want to control the tenant improvements and align the space with their own business plan. If you’re evaluating retail opportunities in the Exeter area, this property’s described readiness and retail configuration may be worth a closer look to determine how your concept could be accommodated within the existing 1,440-square-foot space.
Key Highlights
- Small retail space offered for sale
- Space described as ready for a new laundry or other custom concept
- Year built: 1960
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 | $31.1k | $21.60 |
| − Vacancy | −$1.7k | −$1.21 |
| EGI | $29.4k | $20.39 |
| − OpEx | −$8.8k | −$6.12 |
| NOI | $20.6k | $14.27 |
1,440 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$293.6K
$256.9K – $342.6K
NOI $20,554 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$437.4K
$382.7K – $510.3K
NOI $30,618 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - A small retail space offered for sale, described as ready for a new laundry or other custom concept.
Where is this retail space located?
The property is located at 657 S Kaweah Avenue Exeter, CA.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Small retail space offered for sale; Space described as ready for a new laundry or other custom concept; Year built: 1960
