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    793 Reed Ave Reedley, CA 93654

    Sponsored
    For Sale
    $200,000

    Thriving Smoke Shop, High Profits

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This turnkey smoke shop and gift store in Reedley, CA, presents a lucrative investment opportunity. Located at 793 N Reed Ave, this established business boasts consistent monthly gross sales ranging from $55,000 to $65,000, generating a substantial net profit of approximately $10,000 per month. The property is a single-story building with a current lease of $2,800 per month, extending for three more years. Operating hours are 9 AM to 9 PM, supported by two dedicated and experienced staff members. The business benefits from a prime location on a high-traffic avenue, ensuring excellent visibility and a steady flow of customers. A loyal customer base has been cultivated over time, contributing to the consistent profitability. This is a truly turnkey operation, ready for immediate ownership and continued success. The asking price for this exceptional business is $200,000. Financial records are available upon request. This represents a rare chance to acquire a well-established, profitable business in a desirable location.

    Property Features for 793 Reed Ave

    General Information

    Property type
    Retail properties

    Building Details

    Stories
    1

    HighLights

    • Asking Price: $200,000 for a turnkey smoke shop and gift store in Reedley, CA.
    • Located at 793 N Reed Ave, Reedley, CA 93654, in a high‑traffic area.
    • Monthly rent is $2,800 with 3 years remaining on the lease.
    • Business generates average monthly gross sales of $55,000-$65,000, with an approximate $10,000 monthly net profit.
    • Features two dedicated employees and operates 9 AM to 9 PM daily.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Reedley
    County
    Fresno
    State
    California
    Longitude
    -119.4585755945
    Latitude
    36.603202890144

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    FAQs

    What type of property is this?
    Retail property - Thriving Smoke Shop, High Profits
    Where is this retail property located?
    The property is located at 793 Reed Ave Reedley, CA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: Asking Price: $200,000 for a turnkey smoke shop and gift store in Reedley, CA.; Located at 793 N Reed Ave, Reedley, CA 93654, in a high-traffic area.; Monthly rent is $2,800 with 3 years remaining on the lease.
    Request Owner's contact information
    793 Reed Ave Reedley, CA 93654
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    Reedley, CA 93654
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    793 Reed Ave Reedley, CA 93654
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