444 Blackstone AveFresno, CA 93701

This exceptional 3,480 square foot retail/office building is ideally situated on Blackstone Avenue in central Fresno, California. The property, built in 1949, boasts a Class B designation and features eight units, each approximately 900 square feet, offering a unique opportunity for both investors and owner-occupiers. Currently, the building has 20% occupancy, with one unit under a one-year lease. The building is zoned CG and permits cannabis retail, located outside the exclusion area and more than 800 feet from sensitive uses. The property includes ample parking in the rear, along with street parking, and features direct access to Blackstone and Shaw Avenues, experiencing high daily traffic volume. Four separately metered offices provide flexibility in configuration and size. Units 444 and 446 are currently occupied by the seller's printing company, easily divisible into separate units. Unit 448 was formerly a church, and unit 450 houses a barbershop. The seller is open to a leaseback arrangement or vacating the premises, providing the buyer with options. This property presents a strong value-add opportunity, with easy-to-rent small office spaces in a high-demand market. The asking price is $529,900, translating to $152.27 per square foot. The 0.165-acre lot offers a secure, established location with a quality tenant mix. High-speed internet and ethernet connections are available. The property's prominent location and high visibility make it an attractive investment, potentially suitable for an SBA loan. The APN is 459-071-19.