$500,000
Visalia, CA 93291
MLS# 203270
Status: Closed
2 baths | 2425 sqft
1 / 24
Property Description
Great investment opportunity! This office building is located close to down town Visalia, in a high traffic area with plenty of exposure. The building is over 2400 sqft and includes a reception area, multiple private offices, conference area, separate 800 SF storage building, kitchen/lunchroom and ADA compliant restroom. The building has has over 50K in recent updates including flooring, window coverings, electrical, and kitchen/restroom upgrades. This may be the perfect opportunity!
Details
Maps
Property Information
Property Sub-Type: Office
New Construction: No
Year Built: 1975
Year Built Source: Public Records
Number of Buildings: 2
Number of Units: 1
Street #: 220
Direction: N
Full Baths: 2
Street Name: Locust
Suffix: Street
Total Baths: 2
Approx Square Feet: 2425
SqFt Source: Public Records
Lot Acres: 0.28
Lot SqFt: 12251
State/Province: CA
Lot Dimensions: 99 X 124
Zip Code: 93291
Zip Plus 4: 4946
APN: 094335001000
Lot Size Source: Public Records
County: Tulare
Additional Parcels Y/N: No
Common Interest: None
Area: Visalia NW
Zoning Description: CDT
Listing Information
Original List Price: 595000
List Price/SqFt: 245.36
Current Price: $500,000
Status: Closed
Listing Date: 2020-02-21
Listing Price: 595000
Showing Information
Directions to Property: From 198 East, head North on Court St, head West on Oak Ave, property will be located on South side of the street.
Remarks
Marketing Remarks: Great investment opportunity! This office building is located close to down town Visalia, in a high traffic area with plenty of exposure. The building is over 2400 sqft and includes a reception area, multiple private offices, conference area, separate 800 SF storage building, kitchen/lunchroom and ADA compliant restroom. The building has has over 50K in recent updates including flooring, window coverings, electrical, and kitchen/restroom upgrades. This may be the perfect opportunity!
General Information
Garage: No
# Uncovered Parking: 18
Direction Faces: West
Financial
Cap Rate: 4.01
Tax Information
Land Value: 70000
Improvement Value: 255000
Status Change Info
Pending Date: 2020-09-06
Status Change Date: 2020-10-22
Close Date: 2020-10-21
Close Price: 500000
Close Price/SqFt: 206.19
Property Features
Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water: Private
Sewer: Public Sewer
Cooling: Central Air
Heating: Forced Air
Roofing: Composition
Expenses Include: Maintenance
Office Space Sub-Type: Office Building
Lot Features: Corner Lot
Property Condition: Updated/Remodeled
Listing Office: RE/MAX Success
Listing Agent: Ed Evans
Agent Email: ed@edevans.com
Co Office Name: RE/MAX Success
Co Listing Agent: Jacob Taylor
Co Agent Email: jacobtaylorrealtor@gmail.com
Last Updated: September - 28 - 2024
Information deemed reliable but not guaranteed.