213 Oakhurst StVisalia, CA 93292

Property Details for 213 Oakhurst St

Year built

1933

Construction

TILT-UP CONCRETE

Lot size

0.12 AC

Property size (Sq ft)

1,042 SF

Zone code

CS

Property type

Office properties

Property subtype

Office buildings

APN

094-211-036-000

APU

94211036000

Description

This exceptional commercial property at 213 S Oakhurst Street, Visalia, CA, presents a rare investment opportunity. The 1,242 square foot building sits on a 0.12-acre lot in the heart of downtown Visalia and offers two income-producing units, recently remodeled to meet ADA compliance standards. The property has undergone significant recent improvements, including fresh interior and exterior paint, new plumbing, and separate electric meters for each unit, ensuring efficient utility management. Each unit also boasts its own mailbox for convenient tenant access. The main unit, designated as 213(A), comprises three rooms, a reception area, and a bathroom, providing ample space for a variety of professional uses. A detached second unit, 213(C), adds approximately 200 square feet of permitted space, complete with air conditioning. This centrally located property is offered at $330,000 and is available for sale with a lease option to purchase, making it an attractive proposition for both investors and owner-occupants seeking a prime location in a thriving downtown area. The combination of updated amenities, multiple income streams, and desirable downtown Visalia location makes this a truly compelling investment opportunity. The property's strong features and convenient location make it ideal for a variety of commercial uses.

• CAP approach

  CAP return

  Valuation

  6%

  $147,720

  6.5%

  $136,357

  7%

  $126,618

• Comparable approach

  Method

  Valuation

  Relative Method

  $138,367

  Geo Method

  $198,147

• Alternative Use

  Use

  Valuation

  Residential

  $169,083

  Hospitality

  $154,879

  Educational

  $128,858

  Medical

  $133,289

  Retail

  $200,445

Location Insight

City

Visalia

County

Tulare

State

California

Latitude

36.3281

Longitude

-119.282

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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