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12520424
12520425

214 N 2nd St, Porterville, CA 93257 For Sale

C21 Commercial
KL
CA 01516541
C21 Commercial
Listed by C21 Commercial
$525,000
1037 days on market
Updated 66 days ago
Opportunity zone

Investor or Passive Income Owner/User Opportunity

Details
APN 253-183-002
Property Type Retail
Sub Type Storefront, Furniture Store
Square Footage 12,703
Units 1
Occupancy 100%
Tenancy Single
Lease Type Modified
Price per SqFt $41
Buildings 1
Stories 1
Acreage 0.290
Zoning DR-N (Retail-North of Olive)

Investor or Passive Income Owner/User Opportunity

Marketing description

Former ±12,703 SF furniture store located in the high traffic area of Downtown Porterville, CA. The building consists of ±10,000 SF showroom & ±2,703 SF office space & storage room. This retail building features an open floor plan that can easily be modified or converted to allow for many uses. Excellent Owner/User with Passive Income, or Investment.

Harris Furniture serves as a local staple to the community of Porterville. This successful business has been operating for 40+ years & has a five year average of $1,866,092 in gross sales. They offer quality products, great customer service, & a guaranteed outstanding experience. The well deserved five star rating business provides services not only to the Porterville community but other surrounding communities as well.

Located in the most desirable area of Downtown Porterville, on 2nd Street between Mill and Putnam Avenues. Central location surrounded with close proximity to many restaurants, services and many other amenities. Nearby quality tenants include the South County Justice Center Courthouse, Bank of Sierra Corporate Offices, City of Porterville Hall, Porterville Recorder Newspaper, CA DMV, Proteus, Bank of America, Beneficial State Bank, United Staffing, and many more. Porterville is located midway between San Francisco and Los Angeles. With a quaint, historic downtown district, it features art galleries and museums, fine dining and boutiques, just to name a few. Visual and performing arts thrive with cultural programs. There are many historical landmarks to see. Industry has become a significant factor in the development of the community. The Wal-Mart distribution center and others are located here as well as large public facilities.

Investment highlights

  • Harris Furniture: 40+ Years Of Operating History

  • Gross Sales: $1.9M Five Year Average | Local Staple

  • ±10,000 SF Showroom w/ ±2,703 SF Office/Storage Area

  • Well-Known Freestanding Retail Building @ Corner Location

  • (2) Private Offices, Multiple Entrance Points, Open Rooms

  • Excellent SBA Loan Candidate w/ Built In Passive Income

  • Upside in Leasing Potential or Owner/User

  • Low Maintenance, Updated Flooring, and Economical Spaces

  • Ethernet/Phone Connections & High Speed Internet Ready

  • Secure, Private, Established Location w/ Quality Tenant Mix

  • Convenient Location Between CA-65 and CA-190

  • Excellent Main St Presence Surrounded with Quality Tenants

  • Potential For Business To Be Included: Call Agent For Details

Listing Contacts

C21 Commercial
KL
CA 01516541
C21 Commercial
Listed by C21 Commercial

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