20860 Avenue 18 1/2 Avenue Unit 20886, Madera, CA 93637
- $525,000
- List Price
- $525,000
- Status
- ACTIVE
- MLS#
- ML82057070
- Year Built
- 1961
- Lot Size
- 228,690
- Acres
- 5.25
- Days on Market
- 1
- Property Type
- Commercial
Property Description
Great Invement Opportunity! This mixed-use commercial property features a 5.25 commerically zonded property and includes a ±2,019 SF retail storefront, a ±1,619 SF single-family residence, and ±5.25 acres of commercial land with development potential. The retail space provides street-level visibility suitable for a variety of commercial uses. The on-site residence offers additional income potential, owner occupancy, or live-work flexibility. The excess commercial acreage allows for future expansion or development, subject to zoning and local approvals. This property presents a unique opportunity to acquire a cash-flowing asset with long-term upside, appealing to investors and owner-users alike. Ideal for continued operation, phased development, or strategic repositioning. Buyer to verify zoning, permitted uses, square footage, and development potential to their satisfaction.
Additional Information
- Taxes
- $3,841
- Heat
- Electric
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Shingle
- Water
- Well
- Attached Structure
- Detached
- Gross Scheduled Income
- $24,000
Listing courtesy of Listing Agent: Richard Delapaz (richard@dlprei.com) from Listing Office: DLP Real Estate, Inc..
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.