505 7Th St Hanford, CA 93230

This exceptional investment opportunity presents a fully leased, ±2,400 square foot restaurant building situated on a ±0.172-acre lot in Hanford, California. The property, located at 505 E 7th St, 93230, boasts a prime retail location within Hanford's central business district, offering excellent visibility and convenient access to Highway 198. The existing tenant, Asia Garden, a well-established Chinese restaurant, has occupied the space since July 1, 1996, under a lease expiring June 30, 2024. The property features ample parking, excellent existing signage, and a clear-span interior. The asking price is $525,000, representing a compelling $218.75 per square foot and a 5.93% capitalization rate based on a Net Operating Income (NOI) of $31,146. The property is zoned MX-D Downtown Mixed Use, providing flexibility for future uses. This is a value-add investment opportunity with a long-standing tenant and strong potential for future returns. All equipment and fixtures are included in the sale. The property's location within a thriving retail area and its proximity to major roadways ensures high traffic and visibility, making it an attractive investment for discerning buyers. The building consists of one structure. This is a rare opportunity to acquire a stable, income-producing asset in a desirable location.