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600 S Prospect Ave

$2,000/mo

53 E Cleveland Ave, Porterville, CA 93257

Active
Last Updated: 03/27/2025

5

Cap Rate

148,458.64

NOI

Details:
Cap Rate:    5%
NOI:    $148,458.64
Building Size:    1,740 sqft
Lot Area:    0.14 acres
Highlights:
  • Long Term Tenants In Place With Existing Occupancy.
  • 1 Block off Blackstone Ave, North of Shields Ave
  • Investment Opportunity: Leased Freestanding Office Building
  • 100% Leased w/ Long-Term Leases Through 2022
  • Easy Lease-able Units w/ Low Vacancy Turnover
  • Newer Roof, HVAC's, Asphalt, Hard Surface Floor, & Paint!
  • Well-Known Freestanding Office Building @ Entrance
  • Private Offices, Conference Room, Reception Areas
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Convenient Location Between CA-99 and CA-41
  • Busy & Established Retail Corridor w/ Access to Manchester
  • Close Proximity to Major Traffic Generators (Blackstone Ave)
  • Great Access & Visibility w/ Unmatched Level of Consumer Traffic
  • Against Newly Upgraded Shields Avenue w/ Bus Stop Access
  • Nearby Manchester Center & Blackstone Retailers
  • Economical Space Available | Fresh Paint & Flooring
Description:

Prime ±1,740 SF retail shop space in Downtown Porterville with existing sinks from a previous turn-key beauty salon. The space is located directly under the new County of Tulare District Attorney and Public Defender offices. Well-located in Porterville’s busiest retail destination corridor - Main & Olive - historically, serving the vast majority of Porterville’s residents. The property sits comfortably in Porterville’s primary retail corridor, and with its close proximity to a major highway access is easily accessible to motorists. Daytime population of nearly ±43,236 people within 2 miles of the subject property and located in close proximity to the new ±96,000 SF Porterville Courthouse.

Located in the most desirable area of Downtown Porterville, on Cleveland Avenue. 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.

Its prime location in the bustling city center ensures not only high visibility but also easy access for both pedestrians and local shoppers. Surrounded by a dynamic blend of shops, restaurants, and cultural attractions, this retail space is strategically positioned to thrive in the energetic atmosphere of downtown Porterville, making it an ideal destination for businesses seeking a central and dynamic location.

Map:
1 Space Available

53 E Cleveland Ave Free Standing

Available:
Immediately
Sublease:
No
SQFT
1,740
Lease Type:
Gross
Documents:
Title
Brochure
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Location
Gallery