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    Historic Restaurant Building For Sale Title is generated by Realmo AI

    417 E Center Ave, Visalia, CA

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    Historic restaurant building in downtown Visalia with on-site parking.

    Type:RETAIL
    Property size:
    5,477 SF
    Lot size:
    0.45 Acres
    Price / SF:
    $200/SF
    Added:
    Jul 15, 2025
    Days on Market:
    335
    Last Refresh:
    May 20 at 8:48 pm

    Property Features for 417 E Center Ave

    General Information

    Standard status
    Active
    Size
    5,477 SF
    Lot size
    0.45 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Joe Silva
    Joe Silva

    Listing agent Joe Silva License #01225765

    Listing office Graham & Associates

    Listing date Jul 15, 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 Graham & Associates

    HighLights

    • Primely located historic restaurant building in downtown Visalia.
    • Incredibly desirable on‑site parking.
    • Walking distance to downtown restaurants, financial institutions, and shopping.
    • Suitable for owner‑user to establish a new business.
    • Currently has a month‑to‑month lease in place.
    • Formerly Lum Lum’s Restaurant and Hong Kong Restaurant.

    Overview

    This historic restaurant building, formerly Lum Lum’s Restaurant and Hong Kong Restaurant, is available for purchase. The property is located in downtown Visalia and features on-site parking. The building is currently under a month-to-month lease. The 5477-square-foot building is within walking distance of downtown restaurants, financial institutions, and shopping, making it a potentially suitable location for establishing a new business.

    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 $118.3k $21.60
    − Vacancy −$6.6k −$1.21
    EGI $111.7k $20.39
    − OpEx −$27.9k −$5.10
    NOI $83.8k $15.29
    5,477 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.20M
    $1.05M – $1.40M (±1% cap)
    NOI $83,759 @ 7.0% cap · market cap 7.61%
    Second Best
    Retail
    $1.12M
    $977.2K – $1.30M (±1% cap)
    NOI $78,175 @ 7.0% cap · market cap 7.11%
    Theoretical Best
    Office A
    $1.50M
    $1.31M – $1.75M (±1% cap)
    NOI $105,027 @ 7.0% cap · market cap 9.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hong Kong Lum ... Restaurant ATM Atm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Hotel & Motel

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

    Similar Places Nearby

    • Thirsty Hitchhiker Cocktail Caravan — 14985 E Noble Ave, Visalia, CA 93292

    Location Insight

    • Map
    • Local Demand
    City
    Visalia
    County
    Tulare
    State
    California
    Longitude
    -119.288
    Latitude
    36.3308

    FAQs

    What type of property is this?
    Restaurant - Historic restaurant building in downtown Visalia with on-site parking.
    Where is this restaurant located?
    The property is located at 417 E Center Ave Visalia, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Primely located historic restaurant building in downtown Visalia.; Incredibly desirable on‑site parking.; Walking distance to downtown restaurants, financial institutions, and shopping.
    (559) 754-3020 Call to check price and availability
    More about this property
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