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$ 2,050,000
Est. payment | /mo
9,264 SqFt
$ 2,050,000
Est. payment | /mo
9,264 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 9,264 sqft
Price per Sqft $221
MLS Listing ID 651598
HOA Y/N No
Year Built 1978
Lot Size 0.656 Acres
Property Sub-Type Commercial
Property Description
Owner-User Opportunity with Investment Upside:Position your business or investment portfolio in one of Fresno's most established commercial corridors. Located along highly traveled West Shaw Avenue, this well-maintained 9,264 SF multi-tenant office building offers a rare combination of strong occupancy, value-add potential, and exceptional owner-user flexibility.The property consists of four office suites, including one suite available for owner occupancy or lease-up, while the current owner is willing to execute a long-term leaseback, creating immediate income for investors. Existing below-market leases provide an opportunity to increase rental income over time, making this an attractive value-add investment.Recent capital improvements include six new rooftop HVAC units, fresh exterior paint, updated common area restrooms, security cameras, and a gated parking areaminimizing future capital expenditures while enhancing tenant appeal.Strategically located with excellent visibility, monument signage, and convenient access to Highway 41, the property is surrounded by established medical, professional, retail, and financial users, making it suitable for a wide range of office, medical, or professional service tenants.
Location
State CA
County Fresno
Zoning CMX
Interior
Interior Features Storage
Cooling Central Heat/Cool
Exterior
Exterior Feature Storage
Parking Features Over 21 Spaces
Fence Privacy
Utilities Available Electricity Available
Roof Type Tile
Building
Story 1
Foundation Concrete Perimeter
Water Public
Listed by Gina S Jelladian The California Company
NEARBY SCHOOL & BUSINESS