217 7th St, Hanford, CA 93230-4523
This exceptional 5,071 square foot retail/office building, located at 217 W 7th St in Hanford, CA 93230, presents a unique investment opportunity. Built in 1940 and extensively renovated in 2014 and 2021, this single-story building sits on a 0.12-acre lot (APN: 012-055-004) and is zoned MX-D. The property boasts a high-exposure corner location within a densely populated trade area, benefiting from approximately 17,864 cars per day passing by. The interior features three classrooms, two offices, a conference room, a large breakroom, and restrooms, all in move-in ready condition with new carpet and upgraded bathrooms. Ample private parking is available with multiple access points. The building's proximity to Main Street Hanford, a hub for community events, further enhances its appeal. This is an ideal location for a variety of businesses, capitalizing on the high visibility and pedestrian traffic in downtown Hanford. The asking price is $550,000, translating to $108.46 per square foot. Within a 5-mile radius, there are approximately 71,912 residents. This property offers unmatched access and visibility, making it a truly exceptional investment opportunity.
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Laporsha Foster - Vero Mortgage Loan Service Bank
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, CAHanford. Always verify with local authorities before improvements.
Costs & 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.