Contacts

Jared Ennis

KW Central California

Property Details

Property Type Retail - Street Retail
Property Size 5,600 SF
Units 2
Lot Size 0.38 Acre
Additional Rent Contact for pricing
Property Tenancy Single Tenant
Building Class A
Date Updated Nov 13, 2024

Located on Rd 192, just North of Hwy 190, and South of Ave 148, and East of Kilroy Rd. Poplar is just West of Porterville a city in the San Joaquin Valley, in Tulare County, California, United States. It is part of the Visalia-Porterville metropolitan statistical area. Since its incorporation in 1902, the city's population has grown as it annexed nearby unincorporated areas. The city's July 2014 population (not including East Porterville) was estimated at 55,466.[8] Porterville serves as a gateway to Sequoia National Forest, Giant Sequoia National Monument and Kings Canyon National Park.Value-add Opportunity: (2) buildings on (2) APN's totaling ±5600 SF with separate electric meters. Includes a ±3,600 SF commercial building (former open retail store) and a ±2,000 SF Apartment/Home. (2) freestanding buildings with Road 192 frontage offering various configurations. The commercial building offers an open environment for various commercial business uses. The house/apartment has consistently rented for $600/month in the past, but most recently was offered $700 from multiple applicants. Great SBA candidate. Total pricing of $150K is broken down as $85K for the “retail/office” ($135K retail value minus $50K of estimated improvements), and $65K for the adjacent home (9% Cap Rate based off $700/month in potential rent).

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Highlights

±3,600 SF Retail/Office and ±2,000 SF House/Apartment
Excellent Owner/User with Passive Income, or Investment
SBA Loan Candidate w/ Built In Passive Income
Upside in Leasing Potential or Owner/User Occupancy
Well-Known Freestanding Building | Separate Meters
Open Retail/Office, Private Rooms, Multiple Entrance Points
Ample Parking and Mature Landscaping
Ethernet/Phone Connections & High Speed Internet Ready
Secure, Private, Established Location w/ Quality Tenant Mix
Convenient Location In Central Area of Town
2 Separate APN’s w/ Open Lot Available For Parking/Expansion

Attachments

Sale Brochure (PDF) opens in new window

Getting around

15/100
Walk Score ®
36/100
Bike Score ®

Powered by Walk Score ®

City Poplar, CA
Neighborhood Poplar
Zip Code 93257
Market Central Valley

Points of Interest

Spirit

4.83 miles
Applegates

5.16 miles
Sinclair

5.52 miles
Shell

5.59 miles
Chevron

6.11 miles
Valero

6.13 miles

Del Taco

5.30 miles
Wingstop

5.56 miles
China's Alley

5.57 miles
Jamba

5.58 miles
McDonald's

5.62 miles
Panera Bread

5.67 miles
Me-n-Ed's Pizzaria

5.67 miles
Tokyo Bowl

5.70 miles
Subway

5.71 miles
Little Caesars

5.71 miles

Target

5.59 miles
Marshalls

5.66 miles
Food 4 Less

5.71 miles
Kohl's

5.72 miles
Walmart

5.78 miles
ALDI

6.61 miles
Grocery Outlet

7.08 miles

In-Depth Research Available for this Property

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