225 Kings St ABC Avenal, CA 93204-1532
This 1,570 square foot commercial building, situated on a 0.04-acre lot at 225 Kings Street in Avenal, California, presents a unique investment opportunity. Previously operating as a bar, the property boasts a prime downtown location with high foot traffic and excellent visibility. The building's historic charm offers a solid foundation for redevelopment or renovation. A key feature is the inclusion of two separate one-bedroom, one-bathroom apartments located above the commercial space. These apartments provide significant potential for rental income, allowing for owner occupancy or additional revenue streams. The property is currently in need of complete rehabilitation, making it an ideal project for an investor seeking a hands-on renovation or a complete redevelopment. The central downtown location ensures strong exposure and accessibility for any future business venture. This mixed-use property offers a versatile canvas for a variety of uses, from a new commercial enterprise to a fully renovated mixed-use building with residential rental units. The asking price is $265,000. This presents a compelling opportunity for an investor seeking a high-return project in a desirable downtown location. The property's size and location make it an attractive proposition for those looking to capitalize on the potential of Avenal's commercial real estate market.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.