Back to Search
Medical Office Building with Reception

114 S Stevenson Street Visalia, CA 93291

114 S Stevenson Street, Visalia, CA, 93291
$275,000
For Sale
Claim this Listing
$275,000

COMMERCIAL - Visalia, CA

Property Size800 SF
Lot Size0.07 Acres
Price / SF$343.75
AddedMar 10
Days on Market127
Last RefreshJul 14 at 9:06 pm

Property Features for 114 S Stevenson Street

General Information

Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
093197006000
Size
800 SF
Lot size
0.07 Acres

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1900
Roof type
Composition

Listing agent Mitch Choboian License #00801984

Listing office Century 21 Select Real Estate 2300 W Whitendale Ave, Visalia, CA

Listing date Mar 10, 2026

MLS# 240252

Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This for-sale office building includes two office areas with a welcoming reception area and a small breakroom. The property is currently used as a permanent makeup studio, supporting its practical fit for professional services that benefit from a defined client entry and separate work areas.

The building is located at 114 S Stevenson Street in Visalia, California, in Tulare County. With a compact footprint, it can work well for owner-operators or small teams looking for an established professional setting.

The interior configuration makes the space adaptable for a range of office-based uses, including medical or dental office settings, law firms, real estate agencies, or similar professional practices. Because it already operates as a client-facing studio with a reception function, it may be particularly well-suited for businesses that need an organized front desk and a dedicated workspace for daily operations.

Key Highlights

  • Prime downtown Visalia location.
  • Versatile office building suitable for various professional uses (dental, law, real estate, etc.).
  • Interior includes a reception area and breakroom.

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 $21.1k $26.40
− Vacancy −$4.2k −$5.31
EGI $16.9k $21.09
− OpEx −$4.2k −$5.27
NOI $12.7k $15.82
800 SF · lease $26.40/SF/yr · vacancy 20.10% · expense 25.00%

Alternative Uses

Best Use
Office B
$180.8K
$158.2K – $210.9K (±1% cap)
NOI $12,656 @ 7.0% cap · market cap 4.60%
Second Best
Healthcare Medical
$148.1K
$129.6K – $172.8K (±1% cap)
NOI $10,368 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$219.2K
$191.8K – $255.7K (±1% cap)
NOI $15,341 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Delta Counseling Services Family Counselor ReImagine Shop Home Decor Store JDT Consultants Business Management Consultant

Suggested Use

Electrical Service Grocery & Convenience Store Storage Facility Veterinary Clinic Tanning Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Clothing & Fashion Store Butcher

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

Similar Off Market Nearby

  • Kuswa Nanetta Y DVM — Visalia, CA 93291
  • Mwi Veterinary Supply Fax — Visalia, CA 93291

FAQs

What type of property is this?
Medical Office Space - Versatile professional space with a reception area and small breakroom, currently operated as a permanent makeup studio.
Where is this medical office space located?
The property is located at 114 S Stevenson Street Visalia, CA.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Prime downtown Visalia location.; Versatile office building suitable for various professional uses (dental, law, real estate, etc.).; Interior includes a reception area and breakroom.
Contact an agent
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