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115-119 W Main St

7,500 SF 89% Leased Retail Building Visalia, CA 93291 $1,500,000 ($200/SF) 5.33% Cap Rate

Investment Highlights

  • Heavy Foot traffic area
  • Upside with under-market rents
  • Excellent downtown Visalia location

Executive Summary

Prime downtown Visalia two-story storefront building for sale. Excellent location in Visalia's thriving downtown retail area!
Downstairs retail spaces include longtime salon tenant and a retail shop. Upstairs includes three units (music studio, space and vacant office unit facing Main Street).
Beautiful exposed brick and new LVT flooring in common areas. Property has use of parking lot on the south. Upside potential with under market rents! Well kept building by longtime owners.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,500 SF
Building Class
C
Year Built
1920
Price
$1,500,000
Price Per SF
$200
Cap Rate
5.33%
NOI
$79,980
Percent Leased
89%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.43
Lot Size
0.12 AC
Zoning
CDT - Downtown Mixed Use
Frontage
43 FT on W Main St

Amenities

  • Bus Line

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,000 SF
  • Retail
  • In-Line
  • Now

Prime downtown Visalia storefront now for lease. Current unit has been used for a salon for the past 20+ years. Excellent foot traffic in the middle of Visalia's vibrant downtown. Please do not disturb existing tenant. Call Marc for details.

Space Size Space Use Position Available
1st Floor 2,000 SF Retail In-Line Now

1st Floor

Size
2,000 SF
Space Use
Retail
Position
In-Line
Available
Now

1st Floor

Size 2,000 SF
Space Use Retail
Position In-Line
Available Now

Prime downtown Visalia storefront now for lease. Current unit has been used for a salon for the past 20+ years. Excellent foot traffic in the middle of Visalia's vibrant downtown. Please do not disturb existing tenant. Call Marc for details.

Walk Score ®
Walker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Smart & Final
Central Valley Community Bank
Jazzercise
Chase Bank
Citizens Business Bank
Banc of California
Bank of the Sierra
Tri Counties Bank
Starbucks
Bank of America

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
094-325-002-000
Land Assessment
$1
Improvements Assessment
$0
Total Assessment
$1
  • Listing ID: 33554813

  • Date on Market: 10/17/2024

  • Last Updated:

  • Address: 115-119 W Main St, Visalia, CA 93291

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