Freestanding Retail Storefront Building + Parking

61 W Putnam Ave Porterville, CA 93257

61 W Putnam Ave, Porterville, CA, 93257
61 W Putnam Ave, Porterville, CA, 93257 61 W Putnam Ave, Porterville, CA, 93257 61 W Putnam Ave, Porterville, CA, 93257 61 W Putnam Ave, Porterville, CA, 93257
FOR SALE
Property Type:
Power Center
Amount:
$295,000
Last Verified:
Jan 10, 2018

Highlights

  • Investment Opportunity: Freestanding Retail Building
  • 100% Leased Building Producing $2,475/month
  • Easy Lease-able Units w/ Low Vacancy Turnover
  • Busy & Established Retail Corridor w/ Direct Access to Downtown
  • Close Proximity to Major Traffic Generators
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • ±3,380 SF Total: (5) Long Term Tenants
  • Well-known Building w/ Private Parking Area

Description

100% Leased Freestanding ±3,380 SF "L-Shaped" retail building in a highly traveled area with five quality tenants (currently month-to-month). Total monthly income is $2,475 per month. Excellent opportunity for an owner user occupying a unit or two and keep other tenants for income, or an investor wanting to extend leases and adjust rents. Features a functional floor plan that each tenant has made substantial tenant improvements to. Each unit is separately metered. Great visibility, convenient parking, easy access, & excellent existing signage.

Highly visible ±5,000 SF open retail storefront with rear storage and offices in a highly traveled area. Features a functional floor plan with excellent signage. Space has HVAC throughout, 1 side rollup loading door in rear storage room, and a rear truck unloading dock. Property benefits from the high foot traffic of the next-door Thrift Center with a convenient, large private parking lot. Easy access to Highway 41 on/off ramps. 121 parking spaces and excellent existing signage.

Property is well-located in Downtow Porterville between the Post Office and the City of Porterville. Subject is north of Mill Avenue, east of "D" Street, and south of Cleveland Avenue on the southwest corner of Hockett Street and Putnam Avenue. Surrounded by quality tenants with private parking in front.

Building Size: 3380.0sq ft
Lot Size: 0.14 acres

Map of 61 W Putnam Ave, Porterville, CA, 93257

Presented by:
Thumb_pic

Request additional information
Icon_13bdd887fe


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.