409 E 12th - Convenience Store FOR SALE


Madera, CA 93638
$799,900 USD
209-704-7653
409 E 12th, Madera, CA for Sale
$799,900 USD
Convenience Store - FOR SALE
1/9
null | 5.2% Cap Rate

409 E 12th
Madera, CA 93638


HIGHLIGHTS

  • Grocery Store Tenant under a long-term lease with escalations
  • Single Family Rents below Market Rate

OVERVIEW

Here is a versatile Mixed-Use Investment in Madera! Located at 409 E 12th St, this recently updated convenience store features attractive new stucco and rock-accented exterior, enhancing its curb appeal and value. Ideally situated in a quiet residential neighborhood within walking distance to Martin Luther King Jr. Middle School and Sierra Vista Elementary, this property offers a rare blend of commercial and residential income streams. The convenience store is under a long-term lease, providing stable commercial income, while the duplex in the rear offers two residential units currently on month-to-month tenancy, allowing flexibility for owner-users or future rent adjustments. Whether you're an investor or looking for a hybrid live/work opportunity, this is a standout property in a growing community.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$158 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,330 SF

ZONING

C-R, Madera

APN/PARCEL ID

011-123-009

ASK ABOUT THIS PROPERTY

Ernie Ochoa, CCIMKeller Williams Property Team - CommercialMore Info
209-704-7653

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Ernie Ochoa, CCIMKeller Williams Property Team - CommercialMore Info
209-704-7653

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.