123 E 7Th St Hanford, CA 93230
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
DC · Hanford, CACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.