Leased Commercial Building Investment
208 N Douty St, Hanford, CA
Leased freestanding commercial building with high visibility and upside potential.
Type:RETAIL
Property size:
21,450 SFLot size:
0.21 AcresPrice / SF:
$75/SF- Added:
- Jun 30, 2025
- Days on Market:
- 324
- Last Refresh:
- Apr 5 at 9:40 pm
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 agent Jared Ennis License #01516541
Listing office KW Commercial | Central California (559) 705-1000
Listing date Jun 30, 2025
Source Moodyscre
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
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
- Well‑Known Freestanding Building w/ Douty Ave Exposure
- Long Term Tenants w/ Upside Potential Via Leasing
- Functional Hard To Find Small Spaces | Easy To Rent
Overview
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Hope Personal Loan's
Loan Service
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.646
- Latitude
- 36.3269
Nearby Similar for Sale
FAQs
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
