Medical Office Building with
114 S Stevenson Street Visalia, CA 93291
114 S Stevenson Street, Visalia, CA, 93291
$275,000
For Sale
$275,000
COMMERCIAL - Visalia, CA
Property Size800 SF
Lot Size0.07 Acres
Price / SF$343.75
Days on Market132
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 Agency
Century 21 Select Real Estate
(559) 733-9696
2300 W Whitendale Ave, Visalia, CA
Listed by
Mitch Choboian · License #00801984
(559) 686-8595
Added: Mar 10 Checked: Jul 19 at 2:06 am
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.
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
NOI $12,656 @ 7.0% cap · market cap 4.60%
Second Best
Healthcare Medical
$148.1K
$129.6K – $172.8K
NOI $10,368 @ 7.0% cap · market cap 3.77%
Theoretical Best
Office A
$219.2K
$191.8K – $255.7K
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
Similar For Sale Nearby
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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.
