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Property profile & analytics
OFF-MARKET Estimated value $565,000
Turn key restaurants

222 Elmwood Ave Lindsay, CA 93247-2404

7,731 SF 0.26 ac lot Built 1900
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-5984455
Property summary
AI-generated overview

This exceptional commercial property at 222 N Elmwood Avenue, Lindsay, CA 93247, offers 7,731 square feet of versatile space, currently configured as two suites. The primary suite (6,769 sq ft) houses a thriving restaurant and bar, complete with a fully equipped kitchen, ample dining area, stage, dance floor, and a sizable bar. This area is ideal for continued operation as a restaurant and bar or for hosting private events. The secondary suite (962 sq ft) is suitable for a variety of retail businesses. The property benefits from convenient public parking and high traffic visibility. Additional features include a sizable basement and an outdoor lounge area, offering further development potential. Located in Tulare County, this property presents a strong investment opportunity with significant cash flow potential. The asking price is $764,500. The property is classified as Special Purpose, Industrial, and Land, with Manufacturing and Commercial subtypes. This is a rare opportunity to acquire a well-established and versatile commercial property in a desirable location.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction TILT-UP CONCRETE
Total area 7,731 SF
Lot 0.26 ac (11,250 SF)
APN 205-264-009-000
UPID US09-5984455
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$565k
CAP Approach CAP
by Request
Comparable Approach Comparable
$681k
Blend (final) Blend
$565k
Owner & transaction history
Juan C Morales Diaz · 1 yrs held
Juan C Morales Diaz
since 2024
Last sale
$565,000
7 recorded transactions
2024
$565,000
2019
$450,000
2010
$230,000
2009
Price N/A
2005
$190,000
2004
$41,207
1997
$70,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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