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$845,000
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Property Description
Excellent opportunity to acquire a versatile commercial building near downtown Madera with strong frontage and convenient access. This approximately 3,000 SF single-story shop/warehouse sits on an approximately 7,405-7,500 SF lot (buyer to verify) and features an open interior layout with 22-25 ft ceiling height, concrete perimeter flooring, and drive-in/loading access, including loading in front and rear. Property includes 1 restroom, central gas heat, a newer electrical panel, with 3-phase power, and is plumbed for air with an included commercial air compressor (buyer to verify). Exterior improvements include rear yard storage options with gated alley access and chain-link fencing, offering flexibility for operations, secured storage, or service uses. Utilities include city water and city sewer with an individual electric meter (buyer to verify).Strong potential for multiple commercial business concepts (buyer to verify zoning, permits, and intended use with the City of Madera), including a building materials supply/hardscape yard, e-commerce fulfillment or distribution, machine shop or fabrication, light manufacturing/assembly, and outdoor storage of goods/materials. With its visibility and access near downtown, the property may also support a restaurant or café concept as part of the city's commercial allowances. This is a rare chance to secure a high-utility commercial footprint that can serve as a hub for operations, storage, production, and customer-facing business activity-all in one location.
Full Property Details
Full Property Details for 516 N Gateway Dr
General
- Price: $845,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: FR26014226
- Updated: 1/20/2026
- Days on Market: 18 days
- Added to Site: 19 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Madera
- Driving Directions: From the 4th street exit of 99 to the east to gateway, go left or north on Gateway property, which will be on the left side of the street between 2nd and 1st streets.
Utilities
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 3000
- Square Feet: 3,000
- Current Bldg. Use: Storage
- Year Built: 1975
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.17
- Useable Acres: .17
- Lot Size (Sq. Ft.): 7,405
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre, Utilities - Overhead, Zero Lot Line
- Lot Description: 0-1 Unit/Acre, Utilities - Overhead, Zero Lot Line
Financial Considerations
- Price Per Sq. Ft.: $281
Disclosures and Reports
- Property ID: 6085002
Listed by Real Estate eBroker, Inc, PatrickBankston
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Schools
Schools serving 516 N Gateway Dr
School District:Madera Unified School District
| Name | Grades | Distance |
|---|---|---|
James Madison Elementary School 109 Stadium Road, Madera, CA 93637 | K-6 | 0.9 mi |
Thomas Jefferson Middle School 1407 Sunset Avenue, Madera, CA 93637 | 7-8 | 0.6 mi |
Madera High School 200 North L Street, Madera, CA 93637 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 516 N Gateway Dr
Date
Details
Price
Change
Source
1/19/2026
Listed
$845,000
191.38%
MLS
8/05/2021
Sold
$290,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 516 N Gateway Dr
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,548
2%
$307,749
2%
2023
$3,491
—
$301,716
2%
2023
$3,491
5%
$295,800
2%
2022
$3,340
4%
$290,000
4%
2021
$3,212
-2%
$278,562
1%
2020
$3,271
1%
$275,706
2%
2019
$3,247
8%
$270,300
2%
2018
$2,995
120%
$265,000
124%
2017
$1,360
3%
$118,067
2%
2016
$1,326
2%
$115,753
2%
2015
$1,295
7%
$114,016
2%
2014
$1,209
—
$111,784
—
2013
$1,211
—
$111,279
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 516 N Gateway Dr
516 N Gateway Drive, Madera, CA 93637 (MLS# FR26014226) is a Commercial property. 516 N Gateway Drive is currently listed for $845,000 and was received on January 19, 2026. Want to learn more about 516 N Gateway Drive? Do you have questions about finding other Commercial real estate for sale in Madera? You can browse all Madera real estate or contact a Coldwell Banker agent to request more information.
