822 Center Ave Visalia, CA 93291
- Office buildings
- 2,278 SF
- 0.15 lot acres
Current Use by Public Records
- Trilotech / Computer Repair Service / Computer Support And Services
- Morris Sprague Groen & Neese / Tax Preparation Service
- Morris Sprague Groen & Neese: Sprague Keith M CPA / Certified Public Accountant
Property Details for 822 Center Ave
- Year built
- 1973
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.15 lot acres
- Property size
- 2,278 SF
- Zone code
- PA
- Property type
- Office buildings
- APN
- 093-188-010-000
- APU
- 93188010000
Description
This ±2,278 square foot office building in Visalia, CA, presents a compelling value-add investment opportunity. Located at 822 W Center Ave, this single-story, 1973-built structure (renovated in 2019) sits on a 0.148-acre lot and boasts prominent Center Street signage, frontage, and ample parking. Currently 40% occupied by a long-term tenant paying $950/month, the building offers two contiguous units totaling ±2,278 SF. One unit (approximately 1,365 SF) features a reception area, substantial storage, and two private offices. The second unit (approximately 913 SF) has a separate entrance, three large rooms, additional storage/office space, and a private restroom. The building's construction is of high-quality concrete block and brick. The interior is in move-in ready condition with an open floor plan, allowing for flexible adaptation to a new tenant's needs. Its central location near downtown Visalia provides easy access to the entire city and benefits from high consumer traffic and visibility. The property is zoned PA and is an excellent candidate for an SBA loan, with a down payment of $49,000 resulting in monthly payments significantly less than comparable lease rates. This property offers a blend of immediate income and significant upside potential for a savvy investor.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Visalia
- County
- Tulare
- State
- California
- Longitude
- -119.301
- Latitude
- 36.3313
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA