For Sale
$475,000

1965 High St Selma, CA 93662

Downtown Selma retail building, high rental upside.

Overview

Added:
Feb 3
Days on market:
81
This exceptional 6,000 square foot retail property in downtown Selma, California, presents a unique investment opportunity. Situated on a 0.17-acre lot at 1965 High Street, the building is currently occupied by a single tenant under a lease significantly below current market rates, offering immediate potential for increased rental income. The property boasts substantial space, with 6,000 square feet of gross rentable area on the main level. A significant advantage is the inclusion of an additional 3,600 square feet of unfinished basement space, ideal for storage or conversion into additional rentable area, further enhancing the property's income-generating capacity. This presents a compelling opportunity for an owner-user seeking a prime location or an investor looking for a property with significant upside potential. The property's location in the heart of downtown Selma provides excellent visibility and accessibility, making it an attractive proposition for a variety of retail businesses. The current below-market lease provides immediate value, while the substantial additional basement space offers significant room for expansion and future development. This is a rare opportunity to acquire a well-located retail property with considerable potential for growth and profitability in a thriving downtown area.

Property Details for 1965 High St

Property type
Retail properties
Square Feet
6,000 SF
Year Built
1965
Lot Size (sq. ft)
7,405 SF

Location Insight

City
Selma
County
Fresno
State
California
Latitude
36.56825
Longitude
-119.6119

FAQs

What type of property is this?
Retail property - Downtown Selma retail building, high rental upside.
Where is the retail property located?
The property is located at 1965 High St Selma, CA.
What is the asking price?
The asking price for this property is $475,000.
How can I contact the broker?
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1965 High St
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