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Property profile & analytics
FOR SALE
Retail space

1187 N Willow Ave Clovis, CA 93611

17,640 SF 1.68 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US09-1666581
Property summary
AI-generated overview

This exceptional business opportunity presents a fully operational Chinese restaurant in a high-traffic area of North Clovis, California. Located within a bustling commercial plaza, this street-facing establishment enjoys excellent visibility and benefits from the proximity of a major supermarket and a McDonald's, ensuring consistent foot traffic. The restaurant boasts a substantial 2,160 square foot space situated on a 1.68-acre lot, providing ample room for operations and potential expansion. The current owner has cultivated a loyal customer base, resulting in strong monthly sales averaging approximately $50,000. This turnkey operation is ready for immediate ownership and continued success. The lease agreement is in place for approximately five years remaining, with a monthly cost of roughly $4,400 plus NNN charges. Financial records are available upon request to qualified buyers. This is a rare chance to acquire a profitable, established business in a desirable location with significant growth potential. Serious inquiries only. The property is located at 1187 N Willow Avenue N, Clovis, CA. The asking price for this thriving business is $100,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2002
Construction WOOD
Total area 17,640 SF
Lot 1.68 ac (73,180 SF)
Zoning code PCC
APN 561-020-36S
UPID US09-1666581
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • KJA Electrical Electrical Service General Contractor
  • Clovis Tennis Club Sports School Sports Field & Court
  • Abacus University University
  • Janis Ridlon - Aflac Insurance Agent Insurance Agency
  • American Barre Technique Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.69M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.08M
Owner & transaction history
Contra Costa Properties LLC · 4 yrs held
Contra Costa Properties LLC
since 2022
5 recorded transactions
2022
Price N/A
2022
$10.7M
2002
Price N/A
2001
Price N/A
1969
Price N/A
Zoning & alternative use
PCC · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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