Property profile

101 W Main St Visalia, CA 93291

FOR SALE
Banks
Property ID
US09-5997334
7,698 SF 0.13 ac lot Built 1889
Individually Owned Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Restaurant

Location

101 W Main St Visalia, CA 93291
Visalia metro Census 1200 VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$2.26M

Owner & transaction history

since 2025
Last sale
$2.4M
7 recorded transactions
2025
Price N/A
2023
$2.4M
2021
$2.2M
2019
$1.0M
2018
Price N/A
2017
Price N/A
2013
$601,000

Zoning & alternative use

C-3 · Visalia, CA
Top alternative use upside
Commercial (general) $1.6M +47.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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