Property summary
This ±7,352 square foot freestanding retail building in Lemoore, CA, presents a compelling owner-user or investment opportunity. Located on a ±0.172-acre lot at 201 E St (APN 020-053-017), this property boasts a prime corner location with exceptional visibility and easy access from CA-198. The building features a ±1,076 square foot storefront currently leased to a tenant at $1,300 per month under a modified lease agreement, and a substantial ±6,276 square foot rear space ideal for owner-occupancy or leasing. The DMX-1 zoning allows for versatile use. An adjacent ±15,347 square foot industrial warehouse space is also available for purchase, offering significant expansion potential. This combined property offers a unique opportunity to own a high-visibility location in a thriving market with limited competition. The property benefits from ample street parking, easy access to major transportation corridors, and proximity to Amtrak Thruway 18. Situated in Lemoore's commercial service Enterprise Zone, this location offers strong potential for both immediate income and long-term appreciation. The property's excellent condition, quality construction, and economical spaces make it an attractive investment, particularly for those seeking an owner-user opportunity or a diversified portfolio addition. The asking price is $675,000. This property is a great SBA loan candidate with a 10% down payment.
Property profile
VerifiedCap rate & NOI
Current use
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Auto Repair Shop Insurance Agency
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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