For Sale
$525,000

214 2Nd StPorterville, CA 93257

High-traffic location, 12,703 SF storefront

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 12,703-square-foot retail property, located at 214 N 2nd St in Porterville, CA, presents a compelling owner-user or investment opportunity. Currently housing a successful, long-standing furniture store with a five-year average gross sales of $1,866,092, the property boasts a prime downtown location in a high-traffic area. The building itself comprises approximately 10,000 square feet of showroom space and an additional 2,703 square feet dedicated to office and storage areas. Its open floor plan offers significant flexibility for adaptation to various uses. The property features two private offices, multiple entrance points, and updated flooring, contributing to its overall functionality and appeal. The building is situated on a 0.29-acre lot (APN 253-183-002) and is zoned DR-N (Retail-North of Olive). Its convenient location between CA-65 and CA-190, coupled with its proximity to the South County Justice Center Courthouse, Bank of Sierra Corporate Offices, and other prominent businesses, ensures high visibility and accessibility. The property is equipped with Ethernet/phone connections and is high-speed internet ready. This well-maintained, freestanding building presents a rare opportunity to acquire a substantial retail space in a thriving downtown area with a strong tenant mix and significant upside potential for leasing or owner-occupancy. The property's established location and the potential for including the existing business (details available upon request) make this an exceptional investment prospect, potentially suitable for SBA loan financing.

Highlights

  • 12,703 SF retail building in Porterville, CA, with a long-standing furniture store tenant (40+ years).
  • $1.9M average annual gross sales over five years.
  • ±10,000 SF showroom and ±2,703 SF of office/storage space.
  • Freestanding building in a prime downtown corner location.
  • Features two private offices, multiple entrances, and open floor plan with updated flooring.
  • Excellent SBA loan candidate with built-in passive income.

Property Details for 214 2Nd St

Property type
Retail properties, Retail space
Square Feet
12,703 SF
Buildings
1
Stories
1
Lot Size (sq. ft)
12,632 SF
Units
1

Location Insight

City
Porterville
County
Tulare
State
California
Latitude
36.06936609048
Longitude
-119.01519236298
214 2Nd St, Porterville, California

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214 2Nd St
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