Leased Commercial Building Investment
For Sale
Contact for pricing
208 N Douty St, Hanford, CA
Leased freestanding commercial building with high visibility and upside potential.
Property Size21,450 SF
Lot Size0.21 Acres
Price / SF$75.76
Days on Market440
Property Features for 208 N Douty St
General Information
Standard status
Active
Size
21,450 SF
Lot size
0.21 Acres
Property subtype
RETAIL
Listing Agency:
KW Commercial | Central California
(559) 705-1000
Listed By:
Jared Ennis
(559) 302-8698
Source:
Moodyscre
Added: Jun 30, 2025
Changed: Sep 4
Last Checked: Sep 12 at 9:29AM
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
This leased freestanding commercial building offers an investment opportunity with a 7.96% cap rate and cash-on-cash return after stabilized. The property is a cash cow, projected to produce $290,000 in rents, equating to $16.75 per square foot per year. It features functional, hard-to-find small spaces that are easy to rent. The building is well-known and offers exposure on Douty Avenue, along with a private lit parking lot and street parking. The location is convenient, situated between CA-198 and CA-43, within a busy and established corridor with quick access to downtown. Its proximity to major traffic generators, including CA-198, enhances its accessibility and visibility. The property is of quality construction, well-maintained, and offers economical spaces. It features ample parking, quality tenants, and great exposure, with easy access, separate suites, and multiple configurations. The property requires little management or maintenance after remodeling. The location is near a proposed high-speed rail station in Hanford, offering long-term growth potential through improved accessibility. The property has long-term tenants with upside potential via leasing, a quality roof, working HVAC systems, and functional floorplans. The property size is 21,450 square feet.
Key Highlights
- 7.96% Cap & 7.96% Cash‑on‑Cash Return After Stabilized
- Cash Cow To Produce $290K In Rents ($16.75/SF/Yr)
- Proposed High‑Speed Rail Station to Be Located in Hanford
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,665
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Retail space - Leased freestanding commercial building with high visibility and upside potential.
Where is this retail space located?
The property is located at 208 N Douty St Hanford, CA.
What is the asking price?
The asking price for this property is $1,625,000.
What are key features of this property?
This property features: 7.96% Cap & 7.96% Cash‑on‑Cash Return After Stabilized; Cash Cow To Produce $290K In Rents ($16.75/SF/Yr); Proposed High‑Speed Rail Station to Be Located in Hanford
