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Investor or Passive Income Owner/User Opportunity

Listing was updated at: 06/18/2019
Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity Investor or Passive Income Owner/User Opportunity

Property Overview

Price/Rent PSF $ 429,000.00
Asset Type Office
Trade Type Sale
SQ. FT. Available 6,600
Date Available 06/18/2019
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Description

Location
Located in the most desirable area of Downtown Porterville, on 2nd Street between Mill and Putnam Avenues. Central location surrounded with close proximity to many restaurants, services and many other amenities. Nearby quality tenants include the South County Justice Center Courthouse, Bank of Sierra Corporate Offices, City of Porterville Hall, Porterville Recorder Newspaper, CA DMV, Proteus, Bank of America, Beneficial State Bank, United Staffing, and many more.

Sale
±6,600 SF consisting of 4 quality suites (3 are rented; 1 unit is available). Freestanding building off Main Street offering various configurations ready to lease out or occupy. All units are MTM with the exception of the restaurant (#198 N 2nd) leased until December 2022, allowing an owner user up to 3,038 SF available for occupancy. #52 E Mill is a ±748 SF open office space, #56 E Mill is a ±420 SF open office space, #58 E Mill is a ±1,870 SF restaurant space, and #198 N 2nd is a ±3,562 SF office space with 5 large rooms and 2 restrooms. Clean office spaces with fresh paint, new hard-surface flooring, and a newer roof! Excellent Owner/User with Passive Income, or Investment. Each unit has access to high speed Internet, is separately metered, has private restrooms, private entrances, consists of demising walls (can be combined), signage, and abundant parking. Move-In Ready office spaces with newer paint, hard-surface flooring, and a newer roof! Excellent Owner/User with Passive Income, or Investment. Minimal Landlord responsibilities of only taxes and insurance - the restaurant pays for the water/trash bill, all tenants pay for their own utilities, and there is no landscaping to maintain (City maintains the trees).

Location

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