127 N Main St Porterville, CA 93257
- Retail space
- 7,326 SF
- 0.17 lot acres
Current Use by Public Records
- Little Miss P. / Children'S Clothing Store
Property Details for 127 N Main St
- Year built
- 1900
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 7,326 SF
- Zone code
- D-R
- Property type
- Retail space
- APN
- 253-171-017-000
- APU
- 253171017000
Description
This exceptional retail opportunity presents two available suites within a 7,326 square foot building situated in the heart of Porterville's bustling downtown area, at 127 N Main St, Porterville, CA 93257. The property, zoned DR-N - Retail-North of Olive, boasts a prime location on Main Street, a historically significant retail corridor serving a large portion of Porterville's residents. Suite #11, formerly a bakery, offers approximately 1,400 square feet of wide-open retail space, complete with a rear storage area, new flooring, and fresh paint. Suite #15, a former creamery, encompasses approximately 676 square feet of open space and a rear restroom. Both suites benefit from existing water and drain improvements. The property's strategic location directly beneath the new County of Tulare District Attorney and Public Defender offices, and in close proximity to the new 96,000 square foot Porterville Courthouse, ensures high visibility and foot traffic. With a daytime population of approximately 45,177 people within a 2-mile radius and easy highway access, this property represents a compelling investment in a thriving retail market. The 0.17-acre lot is classified as Class C and was built in 1900. This is a rare opportunity to establish a business in a high-demand location within Porterville's primary retail corridor, near the intersection of Main and Olive Streets.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $650,000
- ML approach
- $595,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $813,000
- AI Estimate
- $626,000
Market price range: $422k - $1.34MMarket price range: $356k - $1.03M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $810,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $995,000 Change: +23% Conversion: Difficult
- OFFICE BUILDING
- $940,000 Change: +16% Conversion: Easy
- AUTO REPAIR, GARAGE
- $855,000 Change: +6% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Porterville
- County
- Tulare
- State
- California
- Longitude
- -119.017
- Latitude
- 36.0677
- CBSA code
- 47300
- CBSA name
- VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA