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    30990 Ca-190 Porterville, CA 93257

    Sponsored
    For Sale
    $650,000

    Established restaurant, 3 buildings, 3 acres.

    Property size:
    2,450 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey restaurant opportunity in Porterville, CA, presents a rare chance to acquire a highly established business with significant upside potential. Located on Highway 190, this property boasts three buildings totaling 2,450 square feet situated on a 3-acre lot (APN 284-770-004). The restaurant, a local favorite for 47 years, features a full bar, indoor and outdoor seating, and two pool tables. The menu includes a variety of popular items such as tri-tip sandwiches, burgers, tacos, and soups. The property also includes a two-year-old well with a 2-inch line, RV hookups, and three separately metered utilities. The zoning is PD-F-M. The ample parking lot and surrounding land offer significant expansion possibilities. The property's prime location on a major highway ensures high visibility and traffic flow. Its proximity to Lake Success, Old Horn Cove, and River Island Country Club adds to its appeal. This established business is a strong candidate for an SBA loan, and seller financing may also be available. The asking price is $650,000, with a price per square foot of $265.31. The property was last occupied on November 15, 2022. This is a truly unique opportunity to own a thriving business in a desirable location.

    Property Features for 30990 Ca-190

    General Information

    Property type
    Restaurants
    Square Feet
    2,450 SF
    Lot Size
    130,680 SF

    Building Details

    Buildings
    3

    HighLights

    • Three freestanding buildings totaling 2,450 square feet with ample private parking on a 3‑acre lot.
    • 3‑acre lot with approximately 87,462 square feet of surplus land.
    • Turnkey restaurant with a clean kitchen, full bar, and indoor/outdoor seating.
    • Established restaurant operating for 47 years.
    • High‑visibility location on Highway 190, north of Success Lake.
    • Prime location in a high‑traffic area on a major highway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -118.8859168
    Latitude
    36.0910087

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    FAQs

    What type of property is this?
    Restaurant - Established restaurant, 3 buildings, 3 acres.
    Where is this restaurant located?
    The property is located at 30990 Ca-190 Porterville, CA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: Three freestanding buildings totaling 2,450 square feet with ample private parking on a 3-acre lot.; 3-acre lot with approximately 87,462 square feet of surplus land.; Turnkey restaurant with a clean kitchen, full bar, and indoor/outdoor seating.
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    Porterville, CA 93257
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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
    30990 Ca-190 Porterville, CA 93257
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