Individually Owned 
For Sale
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Property summary
This exceptional commercial property, located at 316 N Court Street in Visalia, California (zip code 93291), presents a unique investment opportunity. The 1,189 square foot building sits on a larger 5,181 square foot lot, offering ample space and potential. Currently operating as a Mexican restaurant, "El Jardin," the property boasts both indoor and outdoor dining areas, along with convenient on-site parking. Its prime location in a high-traffic area, within walking distance of Visalia's Main Street and surrounded by popular restaurants, ensures high visibility and foot traffic. The property's versatility allows for various commercial uses, potentially including other food service establishments. The possibility of obtaining an ABC Beer license could further enhance the business potential. This property is ideal for a growing business owner, restaurant entrepreneur, or anyone seeking a strong commercial real estate investment in a thriving area of Visalia. The property is classified as Special Purpose, Industrial, and Land, with a manufacturing and commercial subtype. The asking price is $429,500.
Property profile
VerifiedCap rate & NOI
Current use
-
Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Derived from the Visalia market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
PA · Visalia, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PA in Visalia, CA.
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