210 N Floral Street, Visalia, CA 93291
Corner lot retail building with six fully occupied units and tenants paying gas and electricity.
- Added:
- May 28, 2026
- Days on Market:
- 18
- Last Refresh:
- Jun 14 at 1:42 am
Property Features for 210 N Floral Street
General Information
- Standard status
- Active
- Size
- 3,827 SF
- Property subtype
- General Commercial
Listing agent Mitch Choboian License #00801984 (559) 686-8595
Listing office Century 21 Select Real Estate (559) 686-8595
Listing date May 28, 2026
Source Xome
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HighLights
- Income‑producing corner‑lot retail building in Downtown Visalia with six fully occupied units
- Long‑term tenants in place with immediate cash flow
- Tenants pay their own gas and electricity, helping reduce owner utility expenses
- Property described as well maintained and in good overall condition
- One unit currently undergoing renovations for potential increased rental income
- Guest facilities listed as 3
Overview
Located in Downtown Visalia on a corner lot, the property benefits from a street-corner setting. The building is arranged for multiple retail tenants, supporting a diversified occupancy layout with long-term tenants already in place.
For investors or buyers seeking a multi-tenant retail asset with current occupancy, this property offers immediate rental coverage across six units and established tenant presence. The fact that tenants handle their own gas and electricity is a practical operating consideration, and the renovation underway in one unit provides a near-term point of focus for management and leasing readiness. The combination of current occupancy, ongoing interior improvements, and long-term tenancy is designed to support straightforward ownership and day-to-day administration.
Local Financial Insights For Retail
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 | $82.7k | $21.60 |
| − Vacancy | −$4.6k | −$1.21 |
| EGI | $78.0k | $20.39 |
| − OpEx | −$23.4k | −$6.12 |
| NOI | $54.6k | $14.27 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Florist — 670 E Acequia Ave, Visalia, CA 93292
- Creative Flowers — 124 N Willis St, Visalia, CA 93291
- Sequoia Plaza Flowers — 601 N Willis St, Visalia, CA 93291
- Flowers By Peter Perkens — 1420 W Center Ave, Visalia, CA 93291
- Lily's Florist Visalia — 803 W Oak Ave, Visalia, CA 93291
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.2954869
- Latitude
- 36.3316962