36 Mill AvePorterville, CA 93257

  • Sports & entertainment properties
  • 13,480 SF
For Sale
$299,000 View listing

Property Details for 36 Mill Ave

Year built
1948
Construction
TILT-UP CONCRETE
Lot size
0.42 AC
Property size (Sq ft)
13,480 SF
Zone code
C-2
Property type
Sports & entertainment properties
Property subtype
Other sports & entertainment properties
APN
253-182-009-000
APU
253182009000

Description

This exceptional 13,480 square foot commercial property, situated on a 0.43-acre lot (18,700 square feet), presents a unique investment opportunity in Porterville's vibrant historic downtown district. Located on a busy corner lot just one block from Main Street, the existing building currently functions as a freestanding theatre/concert hall. Investors have the option to rehabilitate this existing structure or pursue a complete redevelopment, capitalizing on the significant potential of this high-traffic location. The property's current zoning is listed as C-2 (Recreational, Bowl, Golf, Theatre), although the City of Porterville Zoning Map indicates DR-N (Retail-North of Olive). Prospective buyers are strongly encouraged to independently verify zoning information with the City of Porterville to explore all future development possibilities. The property's strategic location within an Opportunity Zone further enhances its investment appeal, offering potential tax advantages. This is a rare chance to acquire a substantial property in a growing community with a rich history and promising future. The building's size and prominent location make it ideal for a variety of commercial uses, subject to obtaining necessary permits and approvals. The substantial lot size provides ample space for expansion or additional development. Don't miss this chance to own a piece of Porterville's history and shape its future. The asking price for this remarkable property is $299,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,187,371
    Hospitality
    $2,003,620
    Educational
    $1,666,988
    Medical
    $1,724,319
    Retail
    $2,593,093
36 Mill Ave, Porterville, California

Location Insight

City
Porterville
County
Tulare
State
California
Latitude
36.0691
Longitude
-119.015
CBSA code
47300
CBSA name
VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$640
-
-
-
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].