For Sale
$490,000

822 Center Ave Visalia, CA 93291

±2,278 SF Office, Value-Add Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
135
This ±2,278 square foot office building in Visalia, CA, presents a compelling value-add investment opportunity. Located at 822 W Center Ave, this single-story, 1973-built structure (renovated in 2019) sits on a 0.148-acre lot and boasts prominent Center Street signage, frontage, and ample parking. Currently 40% occupied by a long-term tenant paying $950/month, the building offers two contiguous units totaling ±2,278 SF. One unit (approximately 1,365 SF) features a reception area, substantial storage, and two private offices. The second unit (approximately 913 SF) has a separate entrance, three large rooms, additional storage/office space, and a private restroom. The building's construction is of high-quality concrete block and brick. The interior is in move-in ready condition with an open floor plan, allowing for flexible adaptation to a new tenant's needs. Its central location near downtown Visalia provides easy access to the entire city and benefits from high consumer traffic and visibility. The property is zoned PA and is an excellent candidate for an SBA loan, with a down payment of $49,000 resulting in monthly payments significantly less than comparable lease rates. This property offers a blend of immediate income and significant upside potential for a savvy investor.

Highlights

  • Excellent SBA loan opportunity.
  • $49,000 down payment; monthly payments are $850 less than a comparable lease.
  • 2,278 SF building with prominent Center Street signage, frontage, and parking.
  • Prime office space near Downtown Visalia.
  • Move-in ready condition with an open floor plan.
  • Centrally located with easy city access.

Property Details for 822 Center Ave

Property type
Office properties, Medical offices
Square Feet
2,278 SF
Class
B
Year Built/Renovated
1973/2019
Buildings
1
Stories
1
Lot Size (sq. ft)
6,447 SF
Units
2

Location Insight

City
Visalia
County
Tulare
State
California
Latitude
36.331080641142
Longitude
-119.30110557852

FAQs

What type of property is this?
Office property - ±2,278 SF Office, Value-Add Opportunity
Where is the office property located?
The property is located at 822 Center Ave Visalia, CA.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Excellent SBA loan opportunity.; $49,000 down payment; monthly payments are $850 less than a comparable lease.; 2,278 SF building with prominent Center Street signage, frontage, and parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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822 Center Ave
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