222 Elmwood AveLindsay, CA 93247

Property Details for 222 Elmwood Ave

Year built

1900

Construction

TILT-UP CONCRETE

Lot size

0.26 AC

Property size (Sq ft)

7,731 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

205-264-009-000

APU

205264009000

Description

This exceptional commercial property at 222 N Elmwood Avenue, Lindsay, CA 93247, offers 7,731 square feet of versatile space, currently configured as two suites. The primary suite (6,769 sq ft) houses a thriving restaurant and bar, complete with a fully equipped kitchen, ample dining area, stage, dance floor, and a sizable bar. This area is ideal for continued operation as a restaurant and bar or for hosting private events. The secondary suite (962 sq ft) is suitable for a variety of retail businesses. The property benefits from convenient public parking and high traffic visibility. Additional features include a sizable basement and an outdoor lounge area, offering further development potential. Located in Tulare County, this property presents a strong investment opportunity with significant cash flow potential. The asking price is $764,500. The property is classified as Special Purpose, Industrial, and Land, with Manufacturing and Commercial subtypes. This is a rare opportunity to acquire a well-established and versatile commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,611,113

  6.5%

  $1,487,181

  7%

  $1,380,954

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,587,034

  Geo Method

  $3,704,720

• Alternative Use

  Use

  Valuation

  Residential

  $1,254,493

  Hospitality

  $1,149,109

  Educational

  $956,045

  Medical

  $988,925

  Retail

  $1,487,181

Location Insight

City

Lindsay

County

Tulare

State

California

Latitude

36.2041

Longitude

-119.09

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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