For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Visalia Mixed-Use Investment Title is generated by Realmo AI

    101-111 W Main St. Visalia CA, Visalia, CA 93291

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Mixed-use office, retail, and restaurant building in downtown Visalia.

    Type:Mixed Use, Office, Retail
    Property size:
    14,244 SF
    Price / SF:
    $238/SF
    Added:
    May 1, 2025
    Days on Market:
    422
    Last Refresh:
    Mar 17 at 1:18 pm

    Property Features for 101-111 W Main St. Visalia CA

    General Information

    Standard status
    Active
    Size
    14,244 SF
    Property subtype
    Mixed Use, Office, Retail

    We can help!

    Contact an agent
    Martin Zeeb  SIOR
    Martin Zeeb SIOR

    Listing office Zeeb Commercial Real Estate

    Listing date May 1, 2025

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Zeeb Commercial Real Estate

    HighLights

    • High occupancy rate (91%) indicating strong income potential.
    • Prime downtown location at the 'Main St. & MAIN' corner.
    • Diverse tenant mix including restaurants, jewelry stores, and offices.
    • Includes a fast food business (101 N. Court St).
    • Private parking lot with 15 spaces.
    • Adjacent to a public parking lot with 37 additional stalls.

    Overview

    This is a mixed-use office, retail, and restaurant building located in Downtown Visalia. The building has an approximate area of 14,244 square feet and is 91% occupied. The ground floor features two restaurants, several jewelry stores including Raphael's Jewelry, and Root Publishing. The second floor contains 15 offices. In addition to the building, the sale includes a fast food business located at 101 N. Court St. The property includes a private parking lot with 15 parking spaces and is adjacent to a public parking lot with 37 additional stalls.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $376.0k $26.40
    − Vacancy −$75.6k −$5.31
    EGI $300.5k $21.09
    − OpEx −$75.1k −$5.27
    NOI $225.3k $15.82
    14,244 SF · lease $26.40/SF/yr · vacancy 20.10% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $3.22M
    $2.82M – $3.76M (±1% cap)
    NOI $225,343 @ 7.0% cap · market cap 6.63%
    Second Best
    Specialty Retail
    $3.11M
    $2.72M – $3.63M (±1% cap)
    NOI $217,831 @ 7.0% cap · market cap 6.41%
    Theoretical Best
    Office A
    $3.90M
    $3.41M – $4.55M (±1% cap)
    NOI $273,143 @ 7.0% cap · market cap 8.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.2921341
    Latitude
    36.329891

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use office, retail, and restaurant building in downtown Visalia.
    Where is this mixed-use property located?
    The property is located at 101-111 W Main St. Visalia CA Visalia, CA.
    What is the asking price?
    The asking price for this property is $3,399,000.
    What are key features of this property?
    This property features: High occupancy rate (91%) indicating strong income potential.; Prime downtown location at the 'Main St. & MAIN' corner.; Diverse tenant mix including restaurants, jewelry stores, and offices.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message