Madera Multi-Tenant Commercial
401 N E St, Madera, CA 93638
Value-add industrial investment opportunity in Madera, California.
Type:Industrial
Property size:
44,165 SFLot size:
1.83 AcresPrice / SF:
$56/SF- Added:
- Mar 26, 2024
- Days on Market:
- 778
- Last Refresh:
- Mar 17 at 1:25 pm
Property Features for 401 N E St
General Information
- Standard status
- Active
- Size
- 44,165 SF
- Lot size
- 1.83 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1977
Listing agent Jared Ennis License #CA
Listing office C21 Commercial
Listing date Mar 26, 2024
Source Crexi
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
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.
- Located in an under‑built market with strong demand for easy‑to‑rent warehouse spaces.
- Convenient access to CA‑99 and I‑5, providing excellent connectivity.
- Multi‑tenant complex with a variety of unit sizes and configurations, including office/showroom, shop, and fenced yard options.
Overview
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.
Location Intelligence
Current Use by Public Records
Adrian's Auto Body ...
Auto Repair Shop
Smog Check
Sustainability Organization
Sinai Auto Repair.
Auto Repair Shop
Location Insight
- Map
- Local Demand
- City
- Madera
- County
- Madera
- State
- California
- Longitude
- -120.06237
- Latitude
- 36.965075
Nearby Similar for Sale
FAQs
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.
