$950,000

137 N L St, Dinuba, CA 93618

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2 bd · 11,758 sqft · $81/sqft · 0.27 acres

Commercial Sale · Commercial · Built 1910 · 50 days on Properkey

Description

Excellent mixed-use investment property located in the core of downtown Dinuba. This revamped and locally historic building is situated in a Downtown Commercial (C-2) zoning district and features two commercial units, both occupied by established tenants since 2019 on month-to-month leases. One commercial unit is occupied by a church, while the other operates as a thrift store. The property also includes a two-bedroom, one-and-a-half-bath apartment, adding residential income potential.In addition, the building offers office space, substantial storage areas, basement space, and loading doors for each unit accessible via alley access, providing valuable flexibility for the tenants or future owners.The building has benefited from numerous structural and system upgrades, including improvements to the fire protection and sprinkler systems, electrical service, plumbing, and other major components. These upgrades enhance the property's functionality, safety, and long-term investment appeal.All three tenants currently share one PG&E electrical meter and split the gas, water, and electrical utility costs. The seller would consider separating the electrical service into individual meters for each unit.With established tenants, multiple income-producing spaces, extensive upgrades, historic character, and C-2 zoning, this versatile mixed-use property offers an excellent opportunity for investors looking to expand their portfolios.

Agent & source

Listed by
Jace Merlo
Brokerage
James Merlo, Broker
DRE
#01973613
MLS # 654460 Source FRESNO

Property details

Rooms & Layout

Levels
Two, Basement
Bedrooms
2

Property Features

Possible Use
  • Barber/Beauty Shop
  • Place of Worship
  • Convenience Market
  • Retail
  • Shop - Commercial
  • Warehouse
Lot features
Frontage, Total Parcel Only
Road
City Street

Building & Construction

Construction Materials
Brick/Block, Stucco
Roof
Composition, Flat
Building Features
Loading In Rear, Inside Storage

Exterior & Parking

Parking
Open parking, On Street

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool
Interior Features
Storage

Utilities

Water Source
Public
Sewer
On
Electric
On
Electricity Available, Natural Gas Available

Nearby

Active Pending Closed Rental

School information not available for this property.

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