For Sale
$2,300,000

1665 Shaw Ave Fresno, CA 93711

Prime Fresno Office, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Fresno, CA commercial property, located at 1665 W Shaw Ave, presents a compelling investment opportunity. Priced at $2,300,000, the 9,264 square foot building sits on a 28,560 square foot lot and features a newly renovated dental office. The property boasts a Class B rating, a 10-year NNN lease commencing July 1, 2024, with a remaining term of 9.6 years. Currently at 42% occupancy with one tenant, the building offers significant upside potential. Built in 1978 and renovated in 2017, the single-story structure includes 25 parking spaces and is zoned CMX, allowing for diverse usage options, including potential conversion to a medical facility. The property's strategic location near West Ave and Shaw Ave ensures high visibility and easy access. With 9,078 square feet of net rentable space, the price per square foot is $248.27. This multi-tenant building offers four units and presents a strong return on investment for owner-users seeking a versatile and well-located commercial space in a thriving Fresno market. The property's features and zoning make it an ideal choice for a variety of businesses. The substantial lot size provides ample room for expansion or future development. This is a rare opportunity to acquire a well-maintained, strategically located commercial property in a desirable area of Fresno.

Highlights

  • $2,300,000 asking price for a 9,078 SF net rentable traditional office building.
  • Located at 1665 W Shaw Ave, Fresno, CA 93711.
  • Class B, single-story building on a 28,560 SF lot, built in 1978, renovated in 2017.
  • Currently 42% occupied with a 10-year NNN lease commencing July 1, 2024, with one tenant.
  • Features 25 parking spaces and CMX zoning.

Property Details for 1665 Shaw Ave

Property type
Office properties
Square Feet
9,264 SF
Class
B
Year Built/Renovated
1978/2017
Buildings
1
Stories
1
Units
4

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.8080375
Longitude
-119.8232745

FAQs

What type of property is this?
Office property - Prime Fresno Office, High Potential
Where is the office property located?
The property is located at 1665 Shaw Ave Fresno, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: $2,300,000 asking price for a 9,078 SF net rentable traditional office building.; Located at 1665 W Shaw Ave, Fresno, CA 93711.; Class B, single-story building on a 28,560 SF lot, built in 1978, renovated in 2017.
How can I contact the broker?
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1665 Shaw Ave
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