29 Main St Porterville, CA 93257-3711
This exceptional business opportunity in Porterville, CA, presents a rare chance to acquire a thriving establishment with an existing liquor license. Located at 29 N Main Street, this property boasts a prime location with high foot and vehicular traffic, ensuring consistent customer flow. The building offers 3,752 square feet of space, including a well-maintained, clean kitchen ideal for food service operations. Ample seating is available, with indoor capacity complemented by the potential for outdoor seating. The property includes 50 barstools and a 12-tap draft beer system, ready for immediate use. A significant advantage is the inclusion of a finished downstairs storage area, approximately 3700 square feet, providing substantial space for inventory, supplies, or additional business functions. The 0.16-acre lot offers potential for expansion or outdoor improvements. This turnkey operation is priced at $689,900 and represents a unique investment opportunity in a highly desirable commercial area. The existing infrastructure and established clientele provide a solid foundation for continued success and growth. Don't miss this chance to own a well-equipped and strategically located business with a valuable liquor license. Schedule a viewing to explore the full potential of this remarkable property.
-
Mr. Cone Restaurant
DR-N Downtown Retail - North of Olive Avenue. Maintain the pedestrian- and transit- oriented environment of retail, restaurants, services, and government offices in the heart of Porterville’s Downtown, focused on Main Street. Maintain the traditional Downtown character, with buildings built immediately adjacent to the sidewalk, active commercial uses on the…
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
DR-N · Porterville, CADR-N Downtown Retail - North of Olive Avenue. Maintain the pedestrian- and transit- oriented environment of retail, restaurants, services, and government offices in the heart of Porterville’s Downtown, focused on Main Street. Maintain the traditional Downtown character, with buildings built immediately adjacent to the sidewalk, active commercial uses on the ground floor, ample on-street parking, and a visually attractive streetscape with trees, historic street lights, benches, and other pedestrian amenities. DR-S Downtown Retail - South of Olive Avenue. Create an attractive commercial corridor that provides a welcoming gateway at the southern entrance to Downtown. Buildings should line the street, with street trees along the entire length of the street, and small landscaped front yards between the buildings and the sidewalk. DR-D Downtown Retail - D Street Corridor. Provide for a mix of medium-scale retail and service uses in a manner compatible with the Downtown pedestrian environment. Buildings should line the street, with deep landscaped front yards and rows of trees. 41
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.
