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    Property profile & analytics
    OFF-MARKET Estimated value $2,305,000
    Banks

    101 Main St, Visalia, CA 93291-6357

    7,698 SF 0.13 ac lot Built 1889
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US09-5997334
    Property summary
    AI-generated overview

    Exceptional opportunity to acquire a thriving nightclub in the heart of downtown Visalia, California. Located at 101 W Main Street, this 5,200 square foot establishment sits on a 0.18-acre lot and offers unparalleled visibility and foot traffic. Previously known as Cellar Door, this venue boasts a strong reputation for its vibrant atmosphere and diverse entertainment offerings, including live music, DJ nights, and various cultural events. The spacious layout is adaptable for a wide range of uses, from live concerts and dance nights to private events and more. The property is fully equipped with a well-appointed bar, a stage, a professional sound system, and a comprehensive lighting setup, ensuring a seamless transition for new ownership. This turnkey operation has a history of community engagement, hosting concerts, movie screenings, poetry readings, and fashion shows, establishing itself as a cultural hub. Priced at $650,000, this presents a unique chance to revitalize a beloved venue and capitalize on the existing infrastructure and established clientele. This is an ideal investment for both seasoned operators and aspiring entrepreneurs seeking to make their mark on Visalia's dynamic nightlife scene.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1889
    Construction TILT-UP CONCRETE
    Total area 7,698 SF
    Lot 0.13 ac (5,816 SF)
    Zoning code C-3
    APN 094-298-001-000
    UPID US09-5997334
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Banc of California Bank Loan Service
    • Cellar Door Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.17M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.66M
    Blend (final) Blend
    $2.31M
    Owner & transaction history
    Kesavaramanjum Family Revocable Tru
    Kesavaramanjum Family Revocable Tru
    since 2025
    Last sale
    $2.4M
    7 recorded transactions
    2025
    2023
    $2.4M
    2021
    $2.2M
    2019
    $1.0M
    2018
    2017
    2013
    $601,000
    Zoning & alternative use
    C-3 · Visalia, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $1.6M +47.7%
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