Address
425 W 7Th Street Hanford, CA
Price
$ 2,400,000
Property Attributes
  • MLS#542899
  • TypeCommercial
  • CountyKINGS
  • CityHanford
  • Area230
  • Zip93230
  • StyleGeneral Office,Medical Office
  • Price$ 2,400,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage21840
  • Lot Size1.15 Acres
Listing Provided Courtesy Of:
eXp Realty of California, Inc.
Property Description

Great Investment Opportunity! Fully leased multi-tenant office space located in the heart of Hanford on high traffic corridor of town. Property is a fee-simple offering. Clean office spaces, updated bathrooms, newer triple-pane windows on exterior, newer flooring, updated interior lighting, regularly serviced sprinkler system, regularly serviced HVAC units, with some units being replaced within the past 10 years. With 21,000+ RSF and 17,000+ USF. 2-story building with elevator servicing second floor. Multiple entry points into building. All tenants just signed a new 5 year lease which would serve as a great passive income for investor. Donated parking lot is ideal for overflow parking with 80+ private parking stalls. Great visibility, located across the Amtrak station, traffic count with over 9,000 cars daily, and easy access to CA-198 and CA-41. 

Price History
6/9/2020 Listed $2,400,000

General Features

Access City Street
Board Loaded No
Census Tract 0.000
Electric Master Meter
Existing Loan Free & Clear
Exterior Features Concrete Block
Fips Code 31
Improvement Value 0.00
Occupancy Modified Gross Lease
Parking Features Over 21 Spaces
Price Per Square Foot 109.89
Property SubType Office
Property Type Commercial
REO/Bank Owned No
Roof Flat, Tile
Sales Includes Land & Improvements
Sub Lease Expiration Date 1800-01-01T00:00:00
Tenant Pays Utilities, Common Area, Maintenance Fees, Taxes, Insurance, Other, Parking Area
Total Value 0.00
Transaction Type Sale
Validated 1
Water/sewer/gas City Water
Year Built 1981

Interior Features

Heat/Air Conditioning Central Heat/Cool
Living Area 21840.00

Exterior Features

Available Date 1800-01-01
Bathrooms 0.00
Parcelnumber 012064009
Land Value 0.00
Lot Size Acres 1.15
Lot Size Source (Seller)
Lot Size Square Feet 50000.00
Potential Use General Office, Medical Office
Price Per Acre 2090956.61

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93230

Price
AVG $860K
$2.4M
Visits
AVG 22
122
Year Built
AVG 1943
1981
Walkscore
AVG 70
86
Data Provided by Walkscore ® not using MLS data

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