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122 W 7th St 12,329 SF Retail Building Hanford, CA 93230 $1,520,346 CAD ($123.31 CAD/SF) 10.92% Cap Rate
EXECUTIVE SUMMARY
Long-time established business AND building in idealic Downtown Hanford, CA. Crossroads Appliance has been in business since 1968, serving the greater Kings County and Tulare County areas. The majority of business revenue comes from "Scratch and Dent," or "Freight Damaged," product. Crossroads carry all major appliance brands and special order as well. All inventory included with the sale.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$1,728,806
|
$140.22
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$1,597,601
|
$129.58
|
| Net Operating Income |
$131,205
|
$10.64
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $1,728,806 |
| Annual Per SF | $140.22 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $1,597,601 |
| Annual Per SF | $129.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $131,205 |
| Annual Per SF | $10.64 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Building Size
12,329 SF
Building Class
C
Year Built
1930
Price
$1,520,346 CAD
Price Per SF
$123.31 CAD
Cap Rate
10.92%
NOI
$166,007 CAD
Business Value
$415,017 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.78
Lot Size
0.16 AC
Zoning
DC
Frontage
64’ on 7th St
AMENITIES
- 24 Hour Access
ABOUT 122 W 7TH ST , HANFORD, CA 93230
Long-time established business AND building in idealic Downtown Hanford, CA. Crossroads Appliance has been in business since 1968, serving the greater Kings County and Tulare County areas. The majority of business revenue comes from "Scratch and Dent," or "Freight Damaged," product. Crossroads carry all major appliance brands and special order as well. All inventory included with the sale. Walk in and start making money immediately!
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Crossroads Appliance
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Crossroads Appliance | Retailer | - | - | - |
Walk Score®
Walker's Paradise (92)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 012-053-013-000 | Improvements Assessment | $118,665 CAD (2025) |
| Land Assessment | $97,087 CAD (2025) | Total Assessment | $215,752 CAD (2025) |
PROPERTY TAXES
Parcel Number
012-053-013-000
Land Assessment
$97,087 CAD (2025)
Improvements Assessment
$118,665 CAD (2025)
Total Assessment
$215,752 CAD (2025)
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