Property listed by Gentile Real Estate, Taylor C Olson, 559-434-4999
1459 N Van Ness Avenue
Fresno, CA 93728
Square Ft.
9,645
$950,000
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… Read More 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 8.67% current cap rate with upside potential to a 9.8% pro forma cap rate, making it an attractive value-add opportunity in a high-demand Fresno submarket. Turnkey income with future growth potential. Read Less
Listing Snapshot
Days Online
308
Last Updated
Property Type
Commercial
Square Ft.
9,645
Lot Size
0.25 Acres
Year Built
1948
MLS Number
641666
Additional Details
Property Access
Frontage Type: City Street
Building
Built in 1948, Living area: 9645, Living area units: Square Feet, 2 buildings, Levels: Two, Construction Materials: Brick/Block, Stucco
Cooling
Central Heat/Cool
Disclosures
Disclaimer: Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.
