30990 Highway 190

Porterville, CA 93257

MLS ID# 225886 Active
Commercial

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$715,000

2.5 acres

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• Description
• Property Information
• Listing Information
• Showing Information
• General Information
• Details

Description

Multiple income producing business opportunity, 2.5 acres of commercial land. Bar/Restaurant, 2 studio apartments and multi-RV hookups. PLUS 5.5 acres of 100% mineral rights/ oil company in Terra Bella. The Commercial land is State Highway 190 frontage and River access in the back. Three buildings (#1 Bar, #2 Studio house, #3 Studio house). #1 Bar 1200+/- sq.ft. Rented. Has evaporative cooler, natural gas suspended ceiling heater, his and her restrooms, not handicapped, kitchen food prep area for outside BBQ with sinks, and refrigerator. Roof 13 years metal and composite. New well only 5 years. The bar is currently rented month to month at $2,100 per month. #2 Studio house 876+/- sq.ft. Has gas water heater, smoke alarm, gas range with microwave hood, dishwasher, refrigerator with icemaker, full bath with tub/shower, wall heater and electric cooling. Roof 13 years composite. Studio House has RV sewer, water and 30 amp hookup. #3 Studio House 264+/- sq.ft. Has bath, shower, kitchen sink, electric range, refrigerator, and window electric a/c heating and cooling. Roof 9 years. Oil Company with 100% mineral rights that is located in Terra Bella on a 5.5 acres. Multiple oil machine pumps & large tank. Seller would like to sell together but is open to all negotiations and will owner finance or lease. Multiple income producing business opportunity, 2.5 acres of commercial land. Bar/Restaurant, 2 studio apartments and multi-RV hookups. PLUS 5.5 acres of 100% mineral rights/ oil company in Terra Bella. The Commercial land is State Highway 190 fro... show more

Property Information

• Property Sub-Type Commercial
• Year Built 1959
• Year Built Source Public Records
• Number of Units 3
• Street # 30990
• Full Baths 2
• Street Name Highway 190
• Half Baths 2
• Total Baths 4
• Approx Square Feet 2340
• City Porterville
• SqFt Source Owner
• Lot Acres 2.5
• Lot SqFt 108900
• State/Province CA
• Lot Dimensions regular
• Zip Code 93257
• APN 284770004000
• Lot Size Source Owner
• County Tulare
• Area Porterville SE
• Zoning Description commercial
• Real Estate Included Yes

Listing Information

• Commission 2.5
• % or $ %

: The offer of compensation is made only to participants of the MLS where the listing is filed.

Directions to Property

East on Hwy 190 and past Success Valley Drive, approximately one mile on the left hand side across from the Tule Indian Reservation.

General Information

• Garage No
• Waterfront Yes

Details

• Sale Type

  Standard

• Utilities

  Electricity Connected, Natural Gas Connected

• Water

  Well

• Sewer

  Septic Tank

• Cooling

  Evaporative Cooling

• Heating

  Wall Furnace

• Tenant Pays

  Electricity

• Business Details

  Monthly Rent:3540

• Business Type

  Bar/Tavern/Lounge

• Current Lease

  Short Term Lease

• Hours of Operation

  Open 8+ Hours/Day

• Listing Terms

  1031 Exchange, Cash, Conventional, Lease Back, Lease Option, Lease Purchase, Owner May Carry, Trade

• Lot Features

  Fencing, Gentle Sloping

• Parking Features

  Gravel

• Road Frontage Type

  Highway

• View

  Lake

• Waterfront Features

  Lake