Equipped Coffee Shop
For Sale
$150,000
1414 Olive Avenue, Porterville, CA 93257
Existing food-service improvements include commercial cooking, refrigeration, beverage equipment, furnishings, and central air.
Property Size2,000 SF
Price / SF$75
Days on Market11
Property Features for 1414 Olive Avenue
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Business Opportunities
Additional Details
Equipment Included
Yes
Amenities
Central Air
Concrete
Irregular
Paved Road.
Building Details
Year Built
1977
Listing Agency:
Century 21 Select Real Estate
(559) 359-3367
Listed By:
Cindy Fernandez · License #01751151
(559) 359-3367
Source:
Xome
Added: Jul 30
Changed: Aug 9
Last Checked: Aug 9 at 11:44AM
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 Century 21 Select Real Estate
Investment Insights
Based on property information with market context.
This 2,000-square-foot commercial space is configured for coffee shop or related food-service operations, with equipment and interior components already in place. Improvements include a commercial stove, refrigerators, freezer units, a boba machine, cash registers, mounted TVs, décor, concrete flooring, and central air. The source information identifies the equipment as newer, although no installation dates are provided.
Built in 1977, the property is located at 1414 Olive Avenue in Porterville, California. Exterior details include an irregular configuration and a paved road connection. The existing setup can support a range of food-and-beverage concepts identified in the property information, including café, bakery, sandwich, dessert, and restaurant uses.
Built in 1977, the property is located at 1414 Olive Avenue in Porterville, California. Exterior details include an irregular configuration and a paved road connection. The existing setup can support a range of food-and-beverage concepts identified in the property information, including café, bakery, sandwich, dessert, and restaurant uses.
Key Highlights
- 2,000 SF commercial space at 1414 Olive Avenue, Porterville, CA 93257
- Commercial stove, refrigerators, and freezer units included
- Boba machine and cash registers already installed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,644
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,880
$232.9K
Cap Rate 7%
$166,343
$166.3K
Cap Rate 9%
$129,378
$129.4K
Market Conditions
NOI Build-Up for 2,000 SF
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.
Gross rent
$18.0K $9.00/SF
− Vacancy
−$1.4K −$0.68/SF
EGI
$16.6K $8.32/SF
− OpEx
−$5.0K −$2.50/SF
NOI
$11.6K $5.82/SF
Area
Tulare County, CA
Vacancy
7.59%
Lease Rate
$9.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$232,880
Cap Rate 7%
$166,343
Cap Rate 9%
$129,378
Alternative Uses
Best Use
Specialty Retail
$607.5K
$531.6K – $708.8K
NOI $42,525 @ 7.0% cap · market cap 28.35%
Second Best
Industrial
$166.3K
$145.6K – $194.1K
NOI $11,644 @ 7.0% cap · market cap 7.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
87
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93257, CA
79,569
Population
25,020
Households
3.2
Avg Household Size
31
Median Age
15%
College-Educated
69%
High-School Grad
378.9 sq mi
ZIP Area
210
Density / Sq Mi
$58,261
Median Household Income
$30,344
Median Earnings
$1,086
Median Rent
$276,400
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Similar Off Market Nearby
- Starbucks — 947 W Olive Ave, Porterville, CA 93257
- Mochido — 1392 W Olive Ave b, Porterville, CA 93257
- The Healthy Mix — 1392 W Olive Ave Suite F, Porterville, CA 93257
- The Human Bean — 1477 W Olive Ave, Porterville, CA 93257
Frequently Asked Questions
What type of property is this?
Coffee shop - Existing food-service improvements include commercial cooking, refrigeration, beverage equipment, furnishings, and central air.
Where is this coffee shop located?
The property is located at 1414 Olive Avenue Porterville, CA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: 2,000 SF commercial space at 1414 Olive Avenue, Porterville, CA 93257; Commercial stove, refrigerators, and freezer units included; Boba machine and cash registers already installed
