27525 Ave 146 Porterville, CA 93257-9105

Property Details for 27525 Ave 146

Year built

1996

Construction

WOOD

Lot size

0.90 lot acres

Property size

4,740 SF

Property type

Retail space

APN

264-010-004-000

APU

264010004000

Description

This exceptional commercial building, situated on a 0.9-acre lot in Porterville, California, presents a compelling investment opportunity. The 39,204 square foot property boasts three fully occupied units, each generating consistent rental income. The diverse tenant mix ensures a stable revenue stream, minimizing vacancy risk. The building itself is well-maintained and provides a functional space for its current tenants, attracting both local clientele and visitors. The strategic location offers significant advantages, with an empty lot directly across the street presenting a unique opportunity for expansion. This vacant land could accommodate the construction of an additional commercial building, substantially increasing the property's value and rental income potential. The current tenants are established businesses, contributing to the property's low vacancy risk and providing a solid foundation for future growth. The potential for future rental rate increases further enhances the investment's appeal. This property offers a reliable income stream in a growing area, making it an attractive option for investors seeking a stable and potentially lucrative return on investment in a desirable rural setting. The combination of existing income and expansion potential makes this a truly unique opportunity.