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Property profile & analytics
FOR LEASE
Sports & entertainment properties

123 E 7Th St Hanford, CA 93230

15,000 SF 0.34 ac lot Built 1983
Individually Owned Absentee Owner Free & Clear
Property ID
US09-2590981
Property summary
AI-generated overview

This exceptional 15,000 square foot freestanding building, located at 123 E 7th St, Hanford, CA 93230, presents a unique investment opportunity. Currently leased to Philadelphia Outreach Ministries, this former movie theater boasts a prime downtown location, offering high visibility and accessibility. Situated on the southwest corner of 7th Street and Harris Street, the property benefits from its proximity to key attractions and amenities. These include the Hanford Fox Theatre, Grocery Outlet, national banks, Courthouse Park, and convenient access to State Highway 198 via the Douty Street ramps. The asking price is $900,000, translating to a price per square foot of $60. The building's substantial size and central location make it ideal for a variety of retail uses, offering significant potential for future growth and return on investment. This property is being offered for sale, presenting a rare chance to acquire a substantial commercial asset in a thriving California community. The property's strategic location within the heart of downtown Hanford ensures high foot traffic and excellent brand visibility. Serious inquiries are encouraged to explore this compelling investment opportunity further. Detailed financial information and lease terms are available upon request.

Property profile
Verified
Property type Sports & entertainment properties
Use group RECREATIONAL, ENTERTAINMENT
Year built 1983
Construction TYPE NOT SPECIFIED
Total area 15,000 SF
Lot 0.34 ac (15,000 SF)
Zoning code DC
APN 012-046-019-000
UPID US09-2590981
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
  • P.A.T.Y.'Studio Training Center
  • Casey Budge Realtor | Military Relocation Specialist | Real Brokerage Real Estate Agency
  • Comfort Now Air, Plumbing, & Heating Plumbing Service General Contractor
  • Metro 4 Cinema Cinema Theater & Performing Art Venue
  • Anna Consultation, Inc Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.01M
CAP Approach CAP
by Request
Comparable Approach Comparable
$846k
Blend (final) Blend
$850k
Owner & transaction history
Mosa Almuntaser
Mosa Almuntaser
since 2026
Last sale
$700,000
4 recorded transactions
2026
$700,000
2022
$625,000
2011
Price N/A
1998
Price N/A
Zoning & alternative use
DC · Hanford, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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