2531 Howard RdMadera, CA 93637

Property Details for 2531 Howard Rd

Year built

1956

Construction

WOOD FRAME

Lot size

0.72 AC

Property type

Other commercial real estate

APN

009-340-043-000

APU

9340043000

Description

This exceptional investment opportunity presents a 4,400 square foot commercial building situated on a prominent corner lot at the intersection of Howard Road and Granada in Madera, California. The property encompasses a thriving Class B medical office and an adjacent shell building, ready for immediate tenant occupancy or customized development. This presents a unique dual-income potential, allowing for immediate cash flow from the existing medical office while simultaneously offering the chance to increase revenue through leasing or developing the vacant shell space. The 0.73-acre lot provides ample parking for both tenants and visitors, a significant advantage in a busy commercial area. The strategic location offers easy access to a variety of amenities, enhancing its appeal to both tenants and investors. The property's composition includes three separate parcels, providing flexibility and potential for future expansion or subdivision. The asking price of $1,100,000 represents a compelling value for this well-positioned, multi-use commercial property in a growing Madera market. This is an ideal opportunity for investors seeking a blend of immediate return and long-term growth potential. The existing medical office is established and operational, minimizing the risk associated with new developments. The adjacent shell building offers a blank canvas for a variety of uses, catering to a wide range of potential tenants. Don't miss this chance to acquire a versatile and profitable commercial property in a desirable Madera location.

• Alternative Use

  Use

  Valuation

  Residential

  $7,879,206

  Hospitality

  $7,217,310

  Educational

  $6,004,717

  Medical

  $6,211,228

  Retail

  $9,340,671

Location Insight

City

Madera

County

Madera

State

California

Latitude

36.9531

Longitude

-120.092

CBSA code

31460

CBSA name

MADERA, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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