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    36 Ml Ave Porterville, CA 93257-3722
    Property profile & analytics

    36 Ml Ave Porterville, CA 93257-3722


    • Sports & entertainment properties
    • 13,480 SF
    • 0.42 lot acres
    Off-Market
    Last Sale Oct 23, 2023
    $215,000
    Property ID
    US09-5961965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Porter Theatre / Theater & Performing Art Venue
    • Cruzita's flower shop / (Bike/Boat/Book/etc) Store / Florist

    Property Details for 36 Ml Ave

    Year built
    1948
    Construction
    TILT-UP CONCRETE
    Lot size
    0.42 lot acres
    Property size
    13,480 SF
    Zone code
    C-2
    Property type
    Sports & entertainment properties
    APN
    253-182-009-000
    APU
    253182009000

    Description

    This exceptional 13,480 square foot commercial property, situated on a 0.43-acre lot (18,700 square feet), presents a unique investment opportunity in Porterville's vibrant historic downtown district. Located on a busy corner lot just one block from Main Street, the existing building currently functions as a freestanding theatre/concert hall. Investors have the option to rehabilitate this existing structure or pursue a complete redevelopment, capitalizing on the significant potential of this high-traffic location. The property's current zoning is listed as C-2 (Recreational, Bowl, Golf, Theatre), although the City of Porterville Zoning Map indicates DR-N (Retail-North of Olive). Prospective buyers are strongly encouraged to independently verify zoning information with the City of Porterville to explore all future development possibilities. The property's strategic location within an Opportunity Zone further enhances its investment appeal, offering potential tax advantages. This is a rare chance to acquire a substantial property in a growing community with a rich history and promising future. The building's size and prominent location make it ideal for a variety of commercial uses, subject to obtaining necessary permits and approvals. The substantial lot size provides ample space for expansion or additional development. Don't miss this chance to own a piece of Porterville's history and shape its future. The asking price for this remarkable property is $299,000.


    Value Estimations

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    Location Insight

    • Map
    • Local Demand
    City
    Porterville
    County
    Tulare
    State
    California
    Longitude
    -119.015
    Latitude
    36.0691
    CBSA code
    47300
    CBSA name
    VISALIA-PORTERVILLE, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $640
    $0.00
    $0.00
    $0.00
    -
    $0.00
    $0.00
    $0.00
    More about this property
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