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Laundry Building 425 W 7th St 16,462 SF 100% Leased Office Building Hanford, CA 93230 $1,950,000 ($118.45/SF)
Executive Summary
Historic Hanford "Laundry Building" is available for sale as a highly desirable leased investment. The iconic Laundry Building was constructed in the early 1900s and now functions as home to professional businesses. It is situated on a hard to come by large private lot with ample parking. Well located near downtown Hanford amenities and Highway 198 - the main thoroughfare to Visalia and neighboring cities. Please call for further details.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
16,462 SF
Building Class
C
Year Built/Renovated
1912/1985
Price
$1,950,000
Price Per SF
$118.45
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,231 SF
Slab To Slab
12’
Building FAR
0.33
Lot Size
1.15 AC
Zoning
DC
Parking
88 Spaces (5.35 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Central Heating
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 012-064-009-000 | Improvements Assessment | $1,154,362 |
| Land Assessment | $222,079 | Total Assessment | $1,376,441 |
Property Taxes
Parcel Number
012-064-009-000
Land Assessment
$222,079
Improvements Assessment
$1,154,362
Total Assessment
$1,376,441
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Laundry Building | 425 W 7th St
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