Skip To Content

101 E Main Street

Visalia, CA 93291
  • $N/A
  • STATUS: Closed
  • ON SITE: 343 Days
  • ID#: 225020
Sold - 12/28/2023
$N/A
SOLD - 12/28/2023
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 3
    1/2 BATHS
  • 5,816
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1922
County:
Area:

School Ratings & Info

Description

Currently occupied by a local brewery and regional bank, the retail buildings have proven excellent homes for both tenants. The NNN brewery has recently renewed its lease until 2030, with extension options. The side-by-side retail properties are nestled on the corner of a downtown, lighted intersection with a combined surplus of over 18,400 vehicles driving by daily. Besides the high traffic and visibility, the assets are also within a highly walkable area. Visalia, a beautiful, scenic city between Fresno and Bakersfield, is home to many local, eclectic dining and shopping options and the College of the Sequoias - a public, two-year community college. The Downtown Visalia submarket has minimal side supply pressures, further enabling savvy investments in historic buildings. Rents have steadied at a 4.1% increase from where they were a year ago. The number of jobs in the market has also increased by 3.3% in the past year, correlated with the public college's ever-growing workforce pool and valuable location for locals. There are 134,342 residents living within five miles of the property - nearly a quarter of them have a bachelor's degree or higher.

Monthly Payment Calculator



© 2024 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2024-07-20T16:16:26.923.
www.jillianbos.com/homes/142369249
Print Image

101 E Main Street Visalia, CA 93291

  • Price: $2,600,000
  • Status: Closed
  • On Site: 343 Days
  • Updated: 158 min ago
  • ID#: 225020
0
Beds
0
Baths
3
½ Baths
0.13
Acres
5,816
SQFT
$0
$/SQFT
1922
Built
Neighborhood:
Visalia Nw
County:
Tulare
Area:
Visalia Nw
Property Description
Currently occupied by a local brewery and regional bank, the retail buildings have proven excellent homes for both tenants. The NNN brewery has recently renewed its lease until 2030, with extension options. The side-by-side retail properties are nestled on the corner of a downtown, lighted intersection with a combined surplus of over 18,400 vehicles driving by daily. Besides the high traffic and visibility, the assets are also within a highly walkable area. Visalia, a beautiful, scenic city between Fresno and Bakersfield, is home to many local, eclectic dining and shopping options and the College of the Sequoias - a public, two-year community college. The Downtown Visalia submarket has minimal side supply pressures, further enabling savvy investments in historic buildings. Rents have steadied at a 4.1% increase from where they were a year ago. The number of jobs in the market has also increased by 3.3% in the past year, correlated with the public college's ever-growing workforce pool and valuable location for locals. There are 134,342 residents living within five miles of the property - nearly a quarter of them have a bachelor's degree or higher.
Exterior Features

Construction Materials Brick Direction Faces North Foundation Details Brick/Mortar Garage YN No Road Frontage Type AlleyCity Street Roof Membrane

Interior Features

Common Walls 1 Common Wall Cooling Central AirExhaust Fan Heating Central Heating YN Yes

Property Features

New Construction YN No Property Condition Updated/Remodeled Property Sub Type Commercial Sewer Public Sewer Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public

Listing provided courtesy of Jason Ritchie of The Equity Group: 559-732-0800.
Listing information © 2024 Tulare County MLS.


© 2024 Tulare County Multiple Listing Service. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TCMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Jillian Bos Team | Keller Williams Realty. Data last updated: 2024-07-20T16:16:26.923.
 
Logo
The Jillian Bos Team | Keller Williams Realty
5110 W. Cypress
Visalia CA, 93277