Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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 St…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property 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 St…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
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 St…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for DR-N in Porterville, CA.
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