Owner User/Investment Opportunity: Restaurant + Apartment in Lemoore, CA

For Sale

405 W D St, Lemoore, CA 93245

This Lemoore property for sale is located at 405 W D St. The general use of Owner User/Investment Opportunity: Restaurant + Apartment in Lemoore, CA is retail and it incorporates 5,820 square feet of class C retail space. The current listed sale price for Owner User/Investment Opportunity: Restaurant + Apartment in Lemoore, CA is $575,000. Owner User/Investment Opportunity: Restaurant + Apartment in Lemoore, CA is situated on a lot that is 0.26 acre in size.

Contacts

broker
Jared Ennis

Central CA Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 5,820 SF
  • Lot Size 0.26 Acre
  • Building Class C
  • Year Built 1976
  • Date Updated Jun 5, 2025
The property located at the southwest corner (SWC) of W D Street and Fox Street in Lemoore, California, is situated in the heart of the city's vibrant downtown district. This prime location offers excellent visibility and accessibility, being just 1 mile from Highway 198 and 2 miles from Highway 41. Lemoore is a city in Kings County, California, United States. Lemoore is located 7.5 miles (12 km) west-southwest of Hanford, at an elevation of 230 feet (70 m). It is part of the Hanford-Corcoran Metropolitan Statistical Area. The population was 24,531 at the 2010 Census. The California Department of Finance estimated that Lemoore's population was 25,892 on January 1, 2018.Leased freestanding buildings totaling ±5,820 SF consisting of commercial & residential units. The property includes a ±1,900 SF restaurant space & a ±1,500 SF apartment with an attached ±570 SF garage. There is additional potential to lease out a ±350 office suite & a ±1,500 SF warehouse/storage suite. This is a value-add opportunity with current occupancy at 68% and actual collected rents totaling $39,600 per year, with upside potential. The site features great visibility, convenient parking, & easy access to nearby CA-41 & CA-198 on/off ramps. The value-add opportunity consists of addressing the below-market rent of the (2) existing tenants, extending lease length over the next 6-12 months. After addressing the slightly under-market rents, the realistic stabilized gross annual income is $50,100.00\year. Unique investment offering easy to-rent small spaces within an under-built market offering a strong need for these type of units.
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Highlights

  • ±1,500 SF Occupied Apartment & ±570 SF Garage Included in Sale
  • ±1,900 SF Remodeled Restaurant in Lemoore, CA
  • ±350 SF Office & ±1,500 SF Storage Below Apartment
  • Busy & Established Corridor w/ Quick Access to Downtown
  • Convenient Location Between CA-41 and CA-198
  • Energy Efficient Improvements - Separately Metered Utilities
  • Long Term Tenants w/ Upside Potential Via Leasing
  • New Urethane Enhanced White Waterproof Roof Coating
  • Owner User/Investment Opportunity: Restaurant & Apartment
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Quality Construction | Well Maintained | Economical Spaces
  • Quality Roof, Working HVAC's, & Functional Floorplans
  • Restaurant Equipment Owned By Current Tenant
  • Well-Known Freestanding Building w/ D Street Exposure

Getting around

  • 84/100

    Walk Score ®

  • 60/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lemoore, CA
  • Zip Code 93245
  • Market Central Valley

Points of Interest

  • Shell

    3.13 miles

  • Chevron

    6.60 miles

  • Hanford Park And Ride

    9.50 miles

  • Subway

    4.33 miles

  • Taqueria La Esquinita

    4.47 miles

  • McDonald's

    6.36 miles

  • In-N-Out Burger

    6.46 miles

  • Sonic

    6.46 miles

  • Toshiko

    6.48 miles

  • Super Buffet

    6.49 miles

  • Taco Bell

    6.50 miles

  • Round Table Pizza

    6.53 miles

  • Black Bear Diner

    6.53 miles

  • Shopping Center Pioneer Square

    1.01 miles

  • Walmart Supercenter

    6.33 miles

  • Target

    6.35 miles

  • Marshalls

    6.40 miles

  • ALDI

    6.45 miles

  • Foods Co

    6.46 miles

  • JCPenney

    6.64 miles

  • Kohl's

    6.67 miles

  • Hanford Mall

    6.67 miles

  • Big Lots

    7.36 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Jared Ennis

Central CA Commercial

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