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- LoopNet Team
541 W Morton Ave
Porterville, CA 93257
Land For Sale
·
1.97 AC
INVESTMENT HIGHLIGHTS
- High Identity Location | Shovel Ready
- Prime Location Off Morton Avenue
- Multiple Entrance Points w/ Rear Alley
- Easy Access | Located In The Center Of Town
- Visible Frontage w/ Great Exposure
- ±1.973 Acre Buildable Surrounded by Many Quality Tenants
PROPERTY FACTS
DESCRIPTION
Prime Morton Avenue development opportunity for either multi-family/apartments or Office development. Located just west of Main Street and East of Highway 65. Consists of (3) parcels totaling ±1.973 acres currently zoned RM-3 (High Density Residential). Parcels range from ±0.176 acres to ±1.096 acres. Parcels can be purchase separate or together. The City has expressed flexibility on the lots use and is motivated to see them developed. Parcels are offered for sale, ground lease, lease w/ option, seller-carry, etc. Parcel A consists of a 113.5' wide by 268.5' deep (±30,500 SF) lot that has existing offsite curb/gutter completed and access to all utilities. After a 25' city street is installed to the East, the usable remaining land of ±0.55 Acres (±23,837 SF) could boast well for an approximate 6,000 SF office building or various high density apartments. Parcel B consist of a 87' wide by 87' deep (±7,649 SF) lot that is positioned to the East of parcel A. Parcel C consist of a 378' wide by 126' deep (±47,743 SF) lot that is positioned to the South of parcel A.
