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Property profile & analytics
OFF-MARKET
Commercial land

214 2nd St Porterville, CA 93257-3817

0.29 ac lot
Trust Owned 13-yr Hold Absentee Owner Free & Clear
Property ID
US09-5819689
Property summary
AI-generated overview

This exceptional 12,703-square-foot retail property, located at 214 N 2nd St in Porterville, CA, presents a compelling owner-user or investment opportunity. Currently housing a successful, long-standing furniture store with a five-year average gross sales of $1,866,092, the property boasts a prime downtown location in a high-traffic area. The building itself comprises approximately 10,000 square feet of showroom space and an additional 2,703 square feet dedicated to office and storage areas. Its open floor plan offers significant flexibility for adaptation to various uses. The property features two private offices, multiple entrance points, and updated flooring, contributing to its overall functionality and appeal. The building is situated on a 0.29-acre lot (APN 253-183-002) and is zoned DR-N (Retail-North of Olive). Its convenient location between CA-65 and CA-190, coupled with its proximity to the South County Justice Center Courthouse, Bank of Sierra Corporate Offices, and other prominent businesses, ensures high visibility and accessibility. The property is equipped with Ethernet/phone connections and is high-speed internet ready. This well-maintained, freestanding building presents a rare opportunity to acquire a substantial retail space in a thriving downtown area with a strong tenant mix and significant upside potential for leasing or owner-occupancy. The property's established location and the potential for including the existing business (details available upon request) make this an exceptional investment prospect, potentially suitable for SBA loan financing.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.29 ac (12,703 SF)
APN 253-183-002-000
UPID US09-5819689
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • HARRIS HOME FURNISHINGS Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Harris Family Trust · 13 yrs held
Harris Family Trust
since 2013
3 recorded transactions
2013
Price N/A
1990
$200,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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