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101-111 W Main St. Leased MU Investment SALE 101 W Main St 14,244 SF Retail Building Visalia, CA 93291 $3,399,000 ($238.63/SF)
Executive Summary
SALE PRICE One of a kind Downtown Visalia Investment. Approx. 14,244sf mixed use -office/retail and restaurant building, 91% occupied. Building includes 2 successful restaurants, several jewelry stores including Raphael's Jewelry and Root Publishing on the ground floor. The second floor has 15 offices providing excellent diversity in this "Main St. & MAIN corner of downtown Visalia. 101 N. Court St a fast food business is also a part of this sale. In addition to being on the hottest corner in downtown, the property also includes a private parking lot with15 parking spaces and is adjacent to a public parking lot with 37 additional stalls.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,244 SF
Building Class
C
Year Built
1906
Price
$3,399,000
Price Per SF
$238.63
Tenancy
Single
Building Height
2 Stories
Building FAR
0.99
Lot Size
0.33 AC
Zoning
CDT
Parking
15 Spaces (1.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signalized Intersection
Walk Score®
Walker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 094-325-003-000 | Improvements Assessment | $1,305,156 |
| Land Assessment | $368,120 | Total Assessment | $1,673,276 |
Property Taxes
Parcel Number
094-325-003-000
Land Assessment
$368,120
Improvements Assessment
$1,305,156
Total Assessment
$1,673,276
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101-111 W Main St. Leased MU Investment SALE | 101 W Main St
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