116 W 6Th St Hanford, CA 93230
- Retail properties
- 15,000 SF
- 0.34 lot acres
Current Use by Public Records
- California Pawn Shop / Pawn Shop
- Ideal Furniture Galleries / Furniture Store
Property Details for 116 W 6Th St
- Year built
- 1903
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.34 lot acres
- Property size
- 15,000 SF
- Zone code
- DC
- Property type
- Retail properties
- APN
- 012-054-014-000
- APU
- 12054014000
Description
This exceptional commercial property, located at 116 W 6th Street in Hanford, California, presents a unique investment opportunity. The 21,000 square foot lot is zoned for Downtown Commercial use, allowing for a variety of businesses including retail, service, and office spaces. A recent appraisal valued the property at $1,800,000 (2022). Currently, a long-term tenant, Ideal Furniture Gallery, occupies 25,000 square feet of the space, with their lease extending through December 2037. The property features a 16,000 square foot main building and a 9,000 square foot basement, accessible from both the front and rear. The basement and main building are separately metered, offering potential for division into four distinct sections. The property's central location offers convenient access to the freeway, shopping centers, and City Hall, with ample public parking nearby. The asking price is $1,350,000. The property's zoning also allows for the potential development of a dispensary, subject to city approval. Do not disturb the tenant.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $440,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $641,000
Market price range: $642k - $2.89M
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.646
- Latitude
- 36.3257
- CBSA code
- 25260
- CBSA name
- HANFORD-CORCORAN, CA METROPOLITAN STATISTICAL AREA
