Listed by Zeeb Commercial Real Estate
$1,100,000
Historic Brick Building For Sale in Downtown Visalia
Details
APN 094-282-003/094-282-004
Property Type Retail
Sub Type Storefront
Square Footage 9,355
Net Rentable (SqFt) 9,355
Units 3
Cap Rate 6.70%
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $118
Year Built 1920
Year Renovated 2016
Buildings 2
Stories 1
Lot Size (SqFt) 10,156
Zoning D-MU Downtown Multi Use
Ground Lease No
Retail | 6.70% CAP | 9,355 SqFt
Marketing description
Beautiful historic brick building for sale in Downtown Visalia. This fully leased building has a monthly rental income of $8,120 per month with solid and proven tenants. Great opportunity for an income producing and/or an appreciation property. Situated one block from the The Darling Hotel, recently ranked in the Top 20 Hotels in the world, the area is ripe for redevelopment in this historic part of Visalia which will only help your investment grow in value.
Listing Contacts
Listed by Zeeb Commercial Real Estate
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