50-Car Sales Dealership Lot + Office/Service Shops

Listing was updated at: 06/21/2020
Property Overview
Price/Rent PSF $ 275,000.00
Asset Type Land
Trade Type Sale
Acres Available 0.43
Date Available 06/19/2020
Spaces Show
Additional URL Link
Additional parameters Show
Search Demographic Data Explore financing options



These parcels are located north of E Vine Avenue, east of S Main Street, south of Olive Avenue and west of S Main Street in Porterville, California.

Freestanding auto dealership lot of ±18,711 SF (±50) vehicle show lot off Main Street and Olive Avenue. ±408 SF sales office and ±1,200 SF service shop on a three fully improved asphalt parcels. The two lots on the west total 11,077 SF and have the ±24’ x ±17’ (±408 SF) office on it for $185K. All utilities at the site, and asphalt in place. The east side lot is 7,634 SF and has the L-shaped open shed of about ±1,200 SF for $85K. Prices are based off a land value of $6/SF plus the value of infrastructure (electricity, water, structures, asphalt in place, etc). Properties can be sold together or separately. Property is fully secured with front cables and an alarm throughout. Seller open to a traditional sale, lease, lease with an option, seller-carry, conventional financing, etc.