220 N Locust Street, Visalia, CA 93291 (MLS# 203270)


$500,000
220 N Locust Street
Visalia, CA 93291
MLS# 203270
Status: Closed
2 baths  |  2425 sqft


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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 Source: Public Records
Number of Units: 1
Full Baths: 2
Number of Buildings: 2
Total Baths: 2
Zip Plus 4: 4946
APN: 094335001000
SqFt Source: Public Records
Lot Acres: 0.28
Lot SqFt: 12251
Lot Size Source: Public Records
Lot Dimensions: 99 X 124
Zoning Description: CDT
Additional Parcels Y/N: No
Common Interest: None
Year Built: 1975
Street #: 220
Direction: N
Street Name: Locust
Suffix: Street
Approx Square Feet: 2425
State/Province: CA
Zip Code: 93291
County: Tulare
Area: Visalia NW
Listing Information
List Price/SqFt: 245.36
Original List Price: 595000
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
# of Carports: 0
# Uncovered Parking: 18
Direction Faces: West
Tax Information
Land Value: 70000
Improvement Value: 255000
Financial
Cap Rate: 4.01
Status Change Info
Close Price/SqFt: 206.19
Pending Date: 2020-09-06
Status Change Date: 2020-10-22
Close Date: 2020-10-21
Close Price: 500000
Utilities
Electricity Connected: 1
Natural Gas Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Private: 1
Sewer
Public Sewer: 1
Cooling
Central Air: 1
Heating
Forced Air: 1
Roofing
Composition: 1
Lot Features
Corner Lot: 1
Property Condition
Updated/Remodeled: 1
Expenses Include
Maintenance: 1
Office Space Sub-Type
Office Building: 1
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

IDX
Listing Office: RE/MAX Success
Listing Agent: Ed Evans | ed@edevans.com
Source MLS Verified

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.