For Sale
Property Photo

$950,000

For Sale

1459 N Van Ness Ave, Fresno, CA 93728

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Property Highlights

Commercial Sale

Property Type

Commercial

Sub Type

1948

Year Built

9,645

Sq Ft

189

Days On Properkey

0.25

Lot (acres)

641666

MLS #

FRESNO

MLS Source

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 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.

Listed by Taylor Olson • DRE #01933206 • Gentile Real Estate

Contact: [email protected]

MLS #: 641666
Source: FRESNO

Property Features

Lot Features: Total Parcel Only

Building & Construction

Construction Materials
Brick/Block, Stucco
Roof
Composition, Flat

Interior & Comfort

Cooling
Central Heat/Cool

Utilities

Nearby

Active Pending Closed Rental

School information not available for this property.

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  1. 1.Share your offer details. Tell us about your desired offer — it's just a starting point, nothing is final!
  2. 2.Get expert guidance. A local agent will reach out to discuss a game plan.
  3. 3.Finalize your offer. Your agent will prepare your offer and negotiate on your behalf.