401 E Center Ave, Visalia, CA
Turnkey restaurant space in a prime downtown location.
- Added:
- Aug 28, 2025
- Days on Market:
- 291
- Last Refresh:
- May 20 at 8:06 pm
Property Features for 401 E Center Ave
General Information
- Standard status
- Active
- Size
- 8,222 SF
- Lot size
- 0.29 Acres
- Property subtype
- RETAIL
Listing agent Joe Silva License #01225765
Listing office Graham & Associates (559) 754-3020
Listing date Aug 28, 2025
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of Graham & Associates
HighLights
- Primely located historic restaurant building in downtown Visalia.
- Turnkey restaurant space with existing equipment included in the sale.
- Rare opportunity for an owner‑user to establish a new business.
- Liquor License and bar inventory available for separate purchase.
- Walking distance to downtown restaurants, financial institutions, and shopping.
- Formerly Double L Restaurant.
Overview
Local Financial Insights For Specialty 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 | $177.6k | $21.60 |
| − Vacancy | −$9.9k | −$1.21 |
| EGI | $167.6k | $20.39 |
| − OpEx | −$41.9k | −$5.10 |
| NOI | $125.7k | $15.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.289
- Latitude
- 36.3308