1549 Draper StKingsburg, CA 93631

Property Details for 1549 Draper St

Year built

1948

Construction

TILT-UP CONCRETE

Lot size

0.32 AC

Property size (Sq ft)

10,480 SF

Zone code

CC

Property type

Retail properties

Property subtype

Retail space

APN

396-072-09

APU

39607209

Description

This exceptional retail property, located at 1549 Draper Street in the heart of Historic Downtown Kingsburg, California, offers a unique investment opportunity. The building boasts a substantial 10,480 square feet of space, currently occupied by three established tenants, ensuring a steady income stream. The property sits on a 0.32-acre lot and enjoys nearly 100 feet of frontage along the vibrant Draper Street, providing excellent visibility and accessibility. Kingsburg's downtown area is renowned for its distinctive Swedish heritage, captivating architecture, and thriving community spirit. Draper Street itself is a bustling hub of local businesses, including shops, cafes, and restaurants, all contributing to the town's rich cultural tapestry. This prime location makes this property highly desirable for both owner-occupiers seeking a prominent presence in the community and investors looking for a stable, income-generating asset. The asking price of $1,850,000 reflects the property's exceptional value and potential for future growth within this sought-after Kingsburg location. This is a rare opportunity to acquire a significant piece of Kingsburg's historic downtown

• CAP approach

  CAP return

  Valuation

  6%

  $2,183,995

  6.5%

  $2,015,995

  7%

  $1,871,996

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,506,936

  Geo Method

  $7,365,902

• Alternative Use

  Use

  Valuation

  Residential

  $1,700,568

  Hospitality

  $1,557,711

  Educational

  $1,295,997

  Medical

  $1,340,568

  Retail

  $2,015,995

Location Insight

City

Kingsburg

County

Fresno

State

California

Latitude

36.5163

Longitude

-119.551

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at support@realmo.com and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.