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    420 7Th St Hanford, CA 93230

    For Lease
    $8 SF/Yr ($18,288 /Mo)

    Downtown Hanford flex space, 3,900-8,000 SF

    Lot size:
    26,126 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property in downtown Hanford, California, offers a versatile flex space ideal for a variety of businesses. Located at 420 W 7th St, near the railroad station and adjacent to a new Family Dollar Store, this 26,126 square foot building boasts 8,000 square feet of immediately available space, divisible into units as small as 3,900 square feet and up to a contiguous 8,000 square feet. The property features a substantial 4,251 square foot showroom area, complemented by an additional 3,900 square feet of storage and workspace, including six convenient roll-up doors. Built in 1962 and extensively renovated in 2023, this single-story Class B building sits on a 1.884-acre lot (APN: 012-063-007-000) and is zoned DC. Its prime location and adaptable layout make it suitable for a wide range of retail, industrial, or mixed-use ventures. The property's ample space and convenient features present a unique opportunity for businesses seeking a prominent presence in the thriving Hanford market. This is a multi-tenant property located in Kings County, CA, zip code 93230.

    Property Features for 420 7Th St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    26,126 SF
    Class
    B
    Total Rate
    18288.2

    Building Details

    Year Built/Renovated
    1962/2023
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space B
    Size
    0 SF
    Rate per SF
    $8
    Space
    Available Space C
    Size
    8,000 SF
    Rate per SF
    $8

    HighLights

    • 4,251 SF of showroom space, plus 3,900 SF of storage/workshop space with six roll‑up doors.
    • Excellent downtown Hanford location near the train station and adjacent to a new Family Dollar.
    • Highly versatile space suitable for various retail uses, including clothing, furniture, flooring, automotive, and more.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Hanford
    County
    Kings
    State
    California
    Longitude
    -119.65097113192
    Latitude
    36.325768943822

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    FAQs

    What type of property is this?
    Flex space - Downtown Hanford flex space, 3,900-8,000 SF
    Where is this flex space located?
    The property is located at 420 7Th St Hanford, CA.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 4,251 SF of showroom space, plus 3,900 SF of storage/workshop space with six roll-up doors.; Excellent downtown Hanford location near the train station and adjacent to a new Family Dollar.; Highly versatile space suitable for various retail uses, including clothing, furniture, flooring, automotive, and more.
    Request Owner's contact information
    420 7Th St Hanford, CA 93230
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    Hanford, CA 93230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    420 7Th St Hanford, CA 93230
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