504 W 7th St
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504 W 7th St
1,960 SF Retail Building Hanford, CA 93230 £1,018,290 (£520/SF)
Investment Highlights
- Situated in the heart of downtown Hanford, this property enjoys high visibility & steady foot traffic, ideal or retail or service-oriented businesses
- Investment Opportunity: Perfect for investors seeking growth potential in a prime location with exceptional business opportunities.
- Turn-Key Ready, offers immediate usability for investors or entrepreneurs.
- Mixed-Use Zoning: Located in a Mixed-Use Zoned area, providing flexibility for various business types.
- Seller to lease back from the buyer after closing, under mutually agreed terms, offering a potential revenue stream post-purchase.
Executive Summary
This 5,023 S.F. turn-key ready building (1,960 S.F. of building space and 3,063 S.F. of metal framed covered walkway) in the Mixed-use Zoned area is conveniently located in the heart of downtown Hanford. Discover an unbeatable opportunity with this commercial property. Perfect for investors seeking a lucrative venture or entrepreneurs aiming to capitalize on a prime location. This property offers a steady stream of foot traffic, presenting an ideal setting for retail or service-oriented businesses. With its strategic position and high visibility, this property promises exceptional growth potential. Don't miss out on this chance to elevate your business portfolio to new heights. *Seller to lease back after closing of escrow from buyer at terms agreed by both parties.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Sale & Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,960 SF
Building Class
C
Year Built
2007
Price
£1,018,290
Price Per SF
£520
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
1.10 AC
Zoning
MX-D - MX-D
Parking
60 Spaces (30.61 Spaces per 1,000 SF Leased)
Frontage
150 ft on 7th St
Amenities
- Signage
- Air Conditioning
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £774,616 | |
Land Assessment | £220,300 | Total Assessment | £994,916 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£220,300
Improvements Assessment
£774,616
Total Assessment
£994,916
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504 W 7th St
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