1459 N Van Ness AVE, Fresno, CA 93728
1459 N Van Ness AVE, Fresno, CA 93728
1459 N Van Ness AVE, Fresno, CA 93728
1459 N Van Ness AVE, Fresno, CA 93728
1459 N Van Ness AVE, Fresno, CA 93728
1459 N Van Ness AVE, Fresno, CA 93728
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Scott D. Comstock

Scott D. Comstock

+1(559) 681-9500
$ 1,050,000
Est. payment | /mo

9,645 SqFt

Save Virtual Tour
$ 1,050,000
Est. payment | /mo
Save Virtual Tour

9,645 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 9,645 sqft

Price per Sqft $108

MLS Listing ID 641666

HOA Y/N No

Year Built 1948

Lot Size 0.252 Acres

Property Sub-Type Commercial

Property Description

Excellent investment opportunity at 1459 & 1461 N Van Ness Ave, Fresno, CA 93728. This fully leased multi-tenant commercial property consists of two buildings on two separate parcels, being sold together as a package. The property features 12 suites, all 100% occupied by long-term tenants, providing strong in-place income. Ideally located near Fresno City College and within close proximity to the entertainment and retail offerings of the Tower District, the property totals 9,645 square feet of building improvements situated on 11,000 square feet of land. The asset is offered at a 7.8% current cap rate with upside potential to a 8.8% pro forma cap rate, making it an attractive value-add opportunity in a high-demand Fresno submarket. Turnkey income with future growth potential.

Location

State CA

County Fresno

Zoning C-2 (Community Shopping Center)

Interior

Cooling Central Heat/Cool

Exterior

Parking Features On Street

Utilities Available Natural Gas Connected

Roof Type Composition,Flat

Building

Lot Description Total Parcel Only

Story 2

Sewer Public Sewer

Water Public

Others

Virtual Tour https://listings.phrameca.com/videos/019b9fed-4004-722c-a0cf-fbfb2702fab5

Fresno MLS
Listed by Taylor C Olson Gentile Real Estate

NEARBY SCHOOLS & PROPERTIES

Scott D. Comstock

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 681-9500

scott@homesandwealth.com

Serving ALL of California, United States

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1459 N Van Ness AVE