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    Downtown Corner Retail Building Title is generated by Realmo AI

    210 N Floral Street, Visalia, CA 93291

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    For Sale
    $695,000

    Corner lot retail building with six fully occupied units and tenants paying gas and electricity.

    Type:General Commercial
    Property size:
    3,827 SF
    Price / SF:
    $181/SF
    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

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    Listing Contact
    Mitch Choboian

    Listing agent Mitch Choboian License #00801984

    Listing office Century 21 Select Real Estate

    Listing date May 28, 2026

    Source Xome

    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

    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

    This income-producing retail property consists of six fully occupied units in a well-maintained building. The overall condition is described as good, and one unit is currently undergoing renovations, which could affect unit readiness during the renovation period. Tenant responsibility for gas and electricity helps limit certain operating expenses for the owner.

    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
    3,827 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $780.3K
    $682.8K – $910.4K (±1% cap)
    NOI $54,624 @ 7.0% cap · market cap 7.86%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.05M
    $917.3K – $1.22M (±1% cap)
    NOI $73,387 @ 7.0% cap · market cap 10.56%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Our Place Hair Salon

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    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

    FAQs

    What type of property is this?
    Storefront property - Corner lot retail building with six fully occupied units and tenants paying gas and electricity.
    Where is this storefront property located?
    The property is located at 210 N Floral Street Visalia, CA.
    What is the asking price?
    The asking price for this property is $695,000.
    What are key features of this property?
    This property features: 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
    More about this property
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