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EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Convenience Store
Building Size
5,051 SF
Building Class
C
Year Built
1985
Price
$1,249,348 CAD
Price Per SF
$247.35 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.69
Lot Size
0.17 AC
Zoning
C-R, Madera
Parking
20 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 011-123-009 | Improvements Assessment | $368,428 CAD |
| Land Assessment | $83,755 CAD | Total Assessment | $452,183 CAD |
PROPERTY TAXES
Parcel Number
011-123-009
Land Assessment
$83,755 CAD
Improvements Assessment
$368,428 CAD
Total Assessment
$452,183 CAD
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409 E 12th
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