Current Use by Public Records
- KART / Parking Lot & Garage
Property Details for 504 7Th St
- Property type
- Mixed-use properties
- Property subtype
- Industrial properties
Description
This exceptional 5,023-square-foot mixed-use industrial building presents a compelling investment opportunity in the heart of downtown Hanford, California. The property boasts 1,960 square feet of enclosed building space and an additional 3,063 square feet of covered metal-framed walkway, offering versatile usage potential. Situated in a mixed-use zoned area, this turn-key ready building benefits from high visibility and significant foot traffic, making it ideal for a variety of retail or service-oriented businesses. Its strategic location ensures easy access to the city's amenities and infrastructure. The property is listed at $1,300,000. A unique aspect of this sale is that the seller intends to lease back a portion of the property from the buyer after the escrow closes, with terms to be mutually agreed upon. This presents a potentially lucrative income stream for the buyer while offering the seller continued use of the space. The property's address is 504 W 7th Street, Hanford, CA 93230. This is a rare opportunity to acquire a well-positioned commercial property with significant growth potential in a thriving downtown area.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.653
- Latitude
- 36.3258
