Great Owner User/Investment Opportunity in Lemoore, CA

201 E Street Lemoore, CA 93245

201 E Street, Lemoore, CA, 93245
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FOR SALE
Property Type:
Street Retail
Amount:
$675,000
Last Verified:
Jul 08, 2024

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Highlights

  • Owner User Opportunity | Value Add Potential
  • Rear Unit is ±6,276 SF To Be Occupied or Leased
  • One Existing MTM Tenant in Front Restaurant Space @ $1,300/month
  • ±7,352 SF of Freestanding Retail/ Mixed Use @ Corner Location
  • Superior Location w/ Limited Competition | Strategic Trade Area
  • Excellent Location, Great Tenant Mix, High Traffic Flows
  • Quality Construction | Well Maintained | Economical Spaces
  • Ample Street Parking & Easy Access to CA- 198
  • Easy Access from Surrounding Major Corridors & Downtown
  • Secure, Private, Established Location w/ Quality Tenant Mix
  • Close Proximity to Major Traffic Generators
  • Great SBA Loan Candidate w/ 10% Down

Description

This owner-user opportunity presents a unique blend of versatility and income potential, with one established tenant already occupying the front ±1,076 SF space. The property offers a strategic advantage for an owner-user seeking a functional space with an open warehouse. Investors will appreciate the stability provided by the current tenant, creating an attractive proposition for those looking to diversify their portfolio in a thriving location. This freestanding building totals ±7,352 SF of mixed use space on ±0.172 AC. Front space is occupied by Boba Island and pays $1,300 per month. Rear space has ±6,276 SF. Unique investment offering easy-to-rent spaces within an under-built market offering a strong need for these type of spaces.

Subject is directly off CA-198 with easy access and great visibility located south corner of "E" Street entrance/exit, north of West "D" Street. Amtrak Thruway 18 provides a daily connection to/from 300 E Street to/from Visalia on the east, and Santa Maria on the west, with several stops in between. Lemoore is located in the heart of Central California’s San Joaquin Valley. Our location is equidistant from both the Los Angeles and San Francisco metropolitan areas. Lemoore is positioned at the crossroads of Highway 198 and 41, giving us direct access to Interstate 5 and Highway 99, both just 25 miles away. Located in the commercial service Enterprise Zone, this Downtown Section of Lemoore, just North of Hwy 198, is considered to be the most accessible industrial submarket in Lemoore. Lemoore is approximately 200 miles north of Los Angeles and 170 miles south of the Sacramento.

Building Size: 7352sq ft
Lot Size: 0.17 acres


Documents

Brochure

Map of 201 E Street, Lemoore, CA, 93245

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.