134 Main StPorterville, CA 93257

Property Details for 134 Main St

Year built

1982

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

8,438 SF

Zone code

DR-N

Property type

Retail properties

Property subtype

Turn key restaurants

APN

253-172-002-000

APU

253172002000

Description

This ±987 square foot retail space is located at 134 N Main St, Porterville, CA 93257, in Tulare County. Situated in a high-traffic area of Porterville's main retail corridor, this single-tenant property benefits from its proximity to the new Tulare County District Attorney and Public Defender offices, and the new ±96,000 square foot Porterville Courthouse. The space boasts existing water and drain improvements and includes equipment such as two freezers, a three-piece sink, a prep table, a point-of-sale counter and system, and chairs and booths (formerly Spoon's Frozen Yogurt). This location offers excellent visibility and accessibility, with easy access to a major highway. The property is part of a larger building totaling 8,438 square feet. A daytime population of approximately 15,000 people resides within two miles, ensuring a strong customer base. This versatile space is suitable for various retail, office, or restaurant uses, including traditional office, creative office, and medical office configurations.

• CAP approach

  CAP return

  Valuation

  6%

  $1,758,449

  6.5%

  $1,623,184

  7%

  $1,507,242

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,823,618

  Geo Method

  $4,043,516

• Alternative Use

  Use

  Valuation

  Residential

  $1,369,216

  Hospitality

  $1,254,195

  Educational

  $1,043,475

  Medical

  $1,079,362

  Retail

  $1,623,184

Location Insight

City

Porterville

County

Tulare

State

California

Latitude

36.0678

Longitude

-119.016

CBSA code

47300

CBSA name

VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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