Retail Space
640 North Prospect Street Porterville, CA 93257
Details & Description
Price: $1,650,000
    Newer Freestanding Restaurant building with an established presence in Porterville offering a total of ±5,883 SF on a private parking lot of ±0.97 Acres (±1.77 Acre adjoining parcel can be available). Performing restaurant with over $800,000 in gross annual sales and over 25,000 transactions per year. Features energy efficient Solar Panels, functional floor plan, private banquet rooms,fresh tile/ wood floors, up-to-date fully operational turn-key kitchen, several refrigerators and freezers, large open areas, separate kitchen and food preparation area, walk in coolers, hood range, multiple restrooms, and more. Significant opportunity to add a fully functional "Class A" bar upgrades as an addition component that is currently underutilized. Property has opportunity for hosting events, parties, civic/club meetings, and more. Sale includes all real estate, Type 47 liquor license, furniture, fixtures, equipment, inventory, and good will. Restaurant currently doing business as "El Nuevo Mexicali 2".
    Listing Agents
    Jared Ennis

    O: 559-705-1000
    M: 559-705-1000
    jared@centralcacommercial.com
    Kevin Land
    KW Commercial
    O: 559-705-1000
    M: 559-359-4035
    kevin@centralcacommercial.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    640 North Prospect Street

    Porterville, CA 93257

    Listing ID: 269179
    • 640 North Prospect Street Porterville, CA 93257 | for Sale | Photo 1
    • 640 North Prospect Street Porterville, CA 93257 | for Sale | Photo 2
    640 North Prospect Street | for Sale | Thumbnail 1
    640 North Prospect Street | for Sale | Thumbnail 2
    Building Size: 5,883 SF
    Lot Size: 0.970 AC
    Land Size: 42,253 SF
    Building $/SF: $280.47
    Land $/SF: $39.05
    Price
    $1,650,000
    Description

    Newer Freestanding Restaurant building with an established presence in Porterville offering a total of ±5,883 SF on a private parking lot of ±0.97 Acres (±1.77 Acre adjoining parcel can be available). Performing restaurant with over $800,000 in gross annual sales and over 25,000 transactions per year. Features energy efficient Solar Panels, functional floor plan, private banquet rooms,fresh tile/ wood floors, up-to-date fully operational turn-key kitchen, several refrigerators and freezers, large open areas, separate kitchen and food preparation area, walk in coolers, hood range, multiple restrooms, and more. Significant opportunity to add a fully functional "Class A" bar upgrades as an addition component that is currently underutilized. Property has opportunity for hosting events, parties, civic/club meetings, and more. Sale includes all real estate, Type 47 liquor license, furniture, fixtures, equipment, inventory, and good will. Restaurant currently doing business as "El Nuevo Mexicali 2".

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Bakersfield History of Retail Space for Sale

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    Porterville Area Market Trends

    Listing Demographics for 640 North Prospect Street Porterville, CA 93257

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,64560,23973,978
    Population Median Age343334
    Population by Age0-9 Yrs2399 (16%)9750 (16%)11851 (16%)
    10-19 Yrs2567 (17%)11339 (18%)13436 (18%)
    20-29 Yrs2125 (14%)8864 (14%)10567 (14%)
    30-39 Yrs2132 (14%)7803 (12%)9359 (12%)
    40-49 Yrs1370 (9%)7286 (12%)8955 (12%)
    50-59 Yrs1649 (11%)6152 (10%)7815 (10%)
    60-69 Yrs1217 (8%)4687 (7%)6143 (8%)
    70+ Yrs1187 (8%)4360 (7%)5853 (7%)
    Median HH Income$44,950$44,285$43,043
    Total Household Income< 24K1471 (32%)5386 (31%)6796 (32%)
    25-49K1061 (23%)4268 (24%)5233 (24%)
    50-74K789 (17%)2688 (15%)3279 (15%)
    75-99K510 (11%)1665 (9%)1854 (8%)
    100-199K647 (14%)2842 (16%)3390 (16%)
    200K+83 (1%)441 (2%)549 (2%)
    Highest Education LevelNo Diploma24671023613662
    Diploma or GED2317927611732
    Some College181981609663
    Assoc. Degree87427643267
    Bachelors Degree91326943265
    Higher Degree30013281534
    Total Housing Units5,05018,46722,569
    --Owner-Occupied2,1428,88611,183
    --Renter-Occupied2,4198,4049,918
    Owner-Occupied Values< 100K20210741637
    100-199K129544215317
    200-299K49222742717
    300-399K94570782
    400-499K12279354
    500K+47268375
    Total Working Age Population10,62543,53753,890
    In Work Force6,40225,42730,648
    Not In Work Force4,22218,11023,242
    Workforce Employed5,66622,38826,662
    Workforce Unemployed7233,0263,974
    Civlian Workforce6,38925,41430,635
    Military Workforce131313
    Total Households4,56117,29021,101
    Family Households3,31613,27316,053
    Non-Family Households1,2464,0175,048
    Married Couple2,2298,62010,494
    Other Family1,0874,6535,558
    Married w/Child1,1014,6635,398
    Single Male w/Child84576687
    Single Female w/Child5002,1062,400

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Fresno County799,407+16930,450+111,032,052+111,142,991
    Tulare County368,021+20442,179+10486,677+11538,641

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 640 North Prospect Street in Porterville?
    The asking price for 640 North Prospect Street is $1,650,000
    What is the building size of this Retail property in Porterville, CA?
    The size of the building/unit at 640 North Prospect Street in Porterville is 5,883 square feet
    How much land does the Porterville, CA property at 640 North Prospect Street include?
    640 North Prospect Street in Porterville includes 0.970 acres of land
    What kind of Retail is the propery at 640 North Prospect Street?
    The property at 640 North Prospect Street Porterville, CA 93257 is listed as a Food Service Retail property
    What is the population within 1 mile of 640 North Prospect Street in Porterville?
    The population within 1 mile of 640 North Prospect Street Porterville, CA 93257 is 14,645 people.
    Who do I contact for questions about 640 North Prospect Street?
    You should contact the listing agent, Jared Ennis, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Los Angeles International Airport (LAX) 152
    Ontario International Airport (ONT) 162
    John Wayne Airport-Orange County Airport (SNA) 179