Prime Downtown Madera Commercial Investment Opportunity! Well-maintained commercial building featuring two separate retail units with individual addresses: 107 E. Yosemite Ave. and 111 E. Yosemite Ave. The property offers excellent income potential and flexibility for investors or owner-users. Current tenants include Don Tony's ($2,250/month) and Gloria's Sports ($550/month). Both tenants are established, reliable, and willing to remain, providing immediate rental income for a new owner. Buyer may choose to continue existing tenancy or pursue future business opportunities. Property features a large basement with substantial storage capacity, including convenient rear-door access and separate exterior entry, ideal for inventory, retail operations, or additional workspace. Split-level design adds versatility and functionality. Located in the heart of downtown Madera within walking distance of major government offices, financial institutions, restaurants, shopping, public transportation, and community amenities. Nearby destinations include the Madera County Courthouse, Madera Police Department, Madera County Museum, Wells Fargo, U.S. Bank, the main post office, restaurants, and downtown services. Excellent opportunity to own a centrally located income-producing commercial property with strong visibility, established tenants, and long-term upside potential. Buyer to verify all information, including square footage, zoning, permitted uses, and lease terms.
| MLS # | MC26118225 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Building Name | DON TONY'S |
| Sub-Type | Resale |
| Status | Active |
| Year | 1977 |
| Days On Site | 99 |
| Listing Provided By | Century 21 Select Real Estate | Paramjeet Singh |
| SQ Feet | 3,200 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Building(s) | 1 |
| Zoning | COMMERCIAL |
| Acreage | 0.07 |
| Cooling | Central Air |
|---|---|
| Heating | Central, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition, Elastomeric, Flat, Membrane |
|---|---|
| Security Features | Prewired, Security System, Closed Circuit Cameras, Security Lights, Window Bars |
| Construction Materials | Brick, Drywall, Glass, Concrete, Plaster, Stucco |
| Lot Features | Corner Lot, Near Park, Near Public Transit, Rectangular Lot, Street Level |
| Fencing | None |
| Utilities | Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property |
| Community Features | Park |
|---|
| State | CA |
|---|---|
| County | Madera |
| City | Madera |
| Zip Code | 93638 |
| Area | MD638 Madera 93638 |
| Listing VS Median (in 93638) | |
Price: $349,000 low | high Med: $420,000 sqft: 3,200 low | high Med: 1,496 $ / sqft: $109 low | high Med: $281 On site: 99 low | high Med: 56 | |
| State | CA |
|---|---|
| County | Madera |
| City | Madera |
| Zip Code | 93638 |
| Area | MD638 Madera 93638 |
| Listing VS Median (in 93638) | |
Price: $349,000 low | high Med: $420,000 sqft: 3,200 low | high Med: 1,496 $ / sqft: $109 low | high Med: $281 On site: 99 low | high Med: 56 | |