retail for sale - loopnet · 2018-10-17 · full hood 2 walk-in coolers/freezers shell condition...

KW COMMERCIAL559.302.8698

www.CentralCaCommercial.com

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

JARED ENNISSenior Commercial Associate0 559.302.8698C [email protected] DRE# #01945284

KEVIN LANDCommercial DirectorO 559.359.4035C [email protected] DRE# #01516541

OFFERING SUMMARY

SALE PRICE: $575,000

LIQUOR LICENSE: None

EQUIPMENT: Included

LOT SIZE: 0.23 Acres

BUILDING SIZE: 8,538 SF

ZONING:DR-N (Retail-North of

Olive)

APN: 252-197-003, -004

MARKET: Central Porterville

SUBMARKET: Downtown Porterville

PROPERTY HIGHLIGHTS• Recently Renovated Restaurant in Downtown Porterville

• Free Standing Building: ±8,538 SF

• Newer Equipment and Improvements Included in Sale

• Quality/Clean Kitchen, Bar, Stage, Lounge, & Open Areas

• Hood, Walk in Freezer, and Refrigerator In Place

• Prime Location in a High Traffic Area on Main Downtown Corridor

• Walking Distance to Many Local and National Employing Businesses

• Functional Floor Plan w/ Multiple Dining, Banquet, & Bar Rooms

• Excellent Location, Great Tenant Mix, High Traffic Flows

152 N Hockett St, Portervil le, CA 93257

HIGHLY ESTABLISHED TURN KEY RESTAURANT BUILDING + LAND

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http://www.CentralCaCommercial.com






PROPERTY OVERVIEW

Freestanding former "Brickhouse" restaurant building with anestablished presence in Porterville offering a total of ±8,538 SF on±0.23 acres. Building is near turn-key condition and was formerlyran as a restaurant/bar/lounge. Space offers ±4,750 SF fullyimproved space, and an additional ±3,788 SF in shell condition.Equipped with one bar area, full bar, taps, stage, newer kitchenand food preparation area, (2) walk in coolers/freezers, hoodrange, (2) restrooms, all equipment, etc. Property has opportunityfor craft brewing equipment to be added in the shell space, hostingevents, parties, civic/club meetings, and more. Great SBA loancandidate! With only 10-15% down, the payment would besignificantly less than a lease!

LOCATION OVERVIEW

Staple, well-known location in Downtown Porterville just North ofW Oak Avenue, south of W Mill Avenue, west of N Division Street,and on the east side N Hockett Street. Subject is located in themost desirable area of west Downtown Porterville. Central locationsurrounded with close proximity to many restaurants, services andmany other amenities. Nearby quality tenants include the SouthCounty Justice Center Courthouse, Bank of Sierra CorporateOffices, City of Porterville Hall, Porterville Recorder Newspaper,CA DMV, Proteus, Bank of America, Beneficial State Bank, UnitedStaffing, and many more.



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Bar/Dining Looking East BarLookingSouth

Billiards Area/Banquet Room Entrance Stage Area

Bar/Dining Looking West Front Entrance/Dining Area



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Full Hood 2 Walk-In Coolers/Freezers

Shell Condition Side Entrance Shell Condition Interior



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POPULATION 1 MILE 3 MILES 5 MILES

Total population 14,730 56,736 79,453

Median age 28.7 28.8 29.1

Median age (male) 26.9 27.3 27.7

Median age (Female) 30.5 30.5 30.6

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 4,442 16,821 23,291

# of persons per HH 3.3 3.4 3.4

Average HH income $40,496 $46,846 $51,112

Average house value $178,539 $210,765 $218,675

ETHNICITY (%) 1 MILE 3 MILES 5 MILES

Hispanic 68.5% 64.3% 61.9%

RACE (%)

White 66.4% 71.0% 71.4%

Black 1.1% 0.9% 0.8%

Asian 3.0% 2.8% 3.6%

Hawaiian 0.0% 0.1% 0.1%

American Indian 1.9% 1.6% 1.6%

Other 24.6% 20.4% 19.0%

* Demographic data derived from 2010 US Census



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retail for sale - loopnet · 2018-10-17 · full hood 2 walk-in coolers/freezers shell condition...

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