41 Main StPorterville, CA 93257
- Retail properties
- 0.14 AC
Property Details for 41 Main St
- Lot size
- 0.14 AC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 253-171-001-000
- APU
- 253171001000
Description
Two fully remodeled retail storefront spaces totaling 2,500 square feet are available for lease in downtown Porterville, California. Located at 41 N Main Street, this property boasts a prime location directly across from "Main and Main," ensuring high visibility and foot traffic. The building, constructed in 1980 and extensively renovated in 2018, offers a total of 5,500 square feet across two suites, each with separate addresses and electrical meters. Each space features approximately 2,500 square feet (the exact size may vary slightly) and includes quality hard-surface flooring, fresh paint, a secure steel rear door, and a refreshed entry. The layout comprises an open front showroom area, a rear storage area, and a restroom. Ample parking is available on three sides of the building: direct private parking, additional public stalls in front, and a rear loading area with more private parking. The 0.14-acre lot is zoned DR-N (Retail North of Olive), allowing for flexible general commercial uses. This exceptional property offers great access, an excellent location, and unparalleled visibility, making it an ideal opportunity for businesses seeking a thriving downtown Porterville presence. The property's APN is 253-171-001, located in Tulare County, CA, 93257, and is situated near the cross street of Olive Ave. The single-story building is move-in ready.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,279,138
- 6.5%
- $1,180,742
- 7%
- $1,096,404
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,053,967
- Geo Method
- $2,941,349
-
Alternative Use
- Use
- Valuation
- Residential
- $996,000
- Hospitality
- $912,331
- Educational
- $759,049
- Medical
- $785,153
- Retail
- $1,180,742
Location Insight
- City
- Porterville
- County
- Tulare
- State
- California
- Latitude
- 36.066
- Longitude
- -119.017
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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