527 Sunrise Ave Madera, CA 93638

Property Details for 527 Sunrise Ave

Year built

1968

Construction

TILT-UP CONCRETE

Lot size

0.44 lot acres

Property size

1,397 SF

Property type

Medical offices

Property subtype

Medical centers

APN

011-092-002-000

APU

11092002000

Description

This Madera, CA retail property, located at 527 Sunrise Ave, 93638, presents a unique investment opportunity. The 1,397 sq ft building sits on a 0.44-acre lot (19,166 sq ft) and includes a thriving grocery store and liquor store business. The business boasts strong monthly gross sales of $100,000 with a 30% margin, supplemented by substantial check-cashing revenue ($500,000-$800,000 annually at a 1% fee). Additional income streams are generated from a house rental ($1,500/month) and taco truck rental ($750/month). The property operates with three employees and holds a valuable 21 - Off-Sale General License, permitting the sale of alcoholic beverages for off-premises consumption. The asking price is $1,900,000 ($1,360.06/sq ft). This turnkey operation offers diverse income streams and significant potential for growth within a spacious lot. The property features one building, one unit, and is a single-story structure. The APN is 011-092-002. This is an exceptional opportunity to acquire a well-established business with substantial revenue and a strong foundation for future expansion.