Historic Restaurant Building For
For Sale
Contact for pricing
417 E Center Ave, Visalia, CA
Historic restaurant building in downtown Visalia with on-site parking.
Property Size5,477 SF
Lot Size0.45 Acres
Price / SF$200.84
Days on Market383
Property Features for 417 E Center Ave
General Information
Standard status
Active
Size
5,477 SF
Lot size
0.45 Acres
Property subtype
RETAIL
Listing Agency:
Graham & Associates
(559) 754-3020
Listed By:
Joe Silva · License #01225765
Source:
Moodyscre
Added: Jul 15, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:18AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Primely located historic restaurant building in downtown Visalia.
- Incredibly desirable on‑site parking.
- Walking distance to downtown restaurants, financial institutions, and shopping.
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
NOI $83,759 @ 7.0% cap · market cap 7.61%
Second Best
Retail
$1.12M
$977.2K – $1.30M
NOI $78,175 @ 7.0% cap · market cap 7.11%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $105,027 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Restaurants in Tulare County
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Precision Prep — 625 W Murray Ave, Visalia, CA 93291
- The Painted Table — 525 W Main St Suite 120-1091, Visalia, CA 93291
- The Collective Catering — 916 W Oak Ave A, Visalia, CA 93291
- Lake Bottom Brewery & Distillery — 105 E Main St, Visalia, CA 93291
- Catering With Noel — 602 S Bridge St, Visalia, CA 93277
Frequently Asked Questions
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.
