$825,000

30 E Minarets Ave, Pinedale, CA 93650

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7.0 ba · 7,586 sqft · $109/sqft · 0.44 acres

Commercial Sale · Commercial · Built 1959 · 242 days on Properkey

Description

Prime retail strip center located immediately adjacent to River Park in one of Fresno's strongest commercial corridors. The property benefits from excellent income demographics, high traffic counts, and outstanding visibility. Recent capital improvements include new roofs on both buildings (2023) and new HVAC systems (2023), minimizing near-term maintenance risk. The center consists of 6 units, with 2 currently vacant, and remaining tenants on month-to-month leases, providing flexibility to increase rents and improve operations. The property currently cash flows, offering income from day one. Zoned CMX (Commercial Mixed-Use), the asset offers clear upside through lease-up and rent growth, with long-term flexibility supported by its irreplaceable River Park location. Bonus depreciation may provide meaningful tax advantages for qualified buyers. A rare opportunity to acquire a well-located, income-producing property with built-in upside in one of Fresno's most desirable retail corridors.

Agent & source

Listed by
Kevin M. Evaro
Brokerage
Iron Key Real Estate
DRE
#02283325
MLS # 633055 Source FRESNO

Property details

Rooms & Layout

Levels
One
Bathrooms
7.0

Property Features

Possible Use
  • Automotive
  • Bank
  • Barber/Beauty Shop
  • Bowling Alley
  • Place of Worship
  • Convenience Market
  • Day Care
  • Department Store
  • Office
  • Government
  • Health Club
  • Hospital
  • Medical Office
  • Private Club
  • Restaurant
  • Restaurant-Fast Food
  • Retail
  • Shop - Neighborhood
  • Shop - Regional
  • See Remarks
Lot features
  • Airport 6+ Miles
  • Urban
  • Major Arteries
  • Total Parcel Only
Road
City Street, Easement

Building & Construction

Construction Materials
Concrete, Stucco
Roof
Flat, Tile
Building Features
No Loading, Inside Storage, Signage

Exterior & Parking

Parking
Over 21 Spaces

Interior & Comfort

Heating
Yes
Cooling
Central Heat/Cool
Flooring
Laminate
Interior Features
Storage

Utilities

Water Source
Public
Sewer
Public Sewer
Electric
Individual Meter
Phone Available, Individual Gas

Nearby

Active Pending Closed Rental

School information not available for this property.

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