4020 Cedar AveFresno, CA 93726

Property Details for 4020 Cedar Ave

Year built

2008

Construction

WOOD

Lot size

0.34 AC

Property size (Sq ft)

6,489 SF

Zone code

CRC

Property type

Retail properties

Property subtype

Turn key restaurants

APN

438-230-14

APU

43823014

Description

This exceptional restaurant opportunity in Fresno, CA, presents a turnkey operation in a high-traffic location. The 6,489 square foot property, built in 2008, boasts an open floor plan, a striking L-shaped bar complete with a liquor license, and a dedicated banquet hall perfect for large-scale events. Adding to its appeal is a spacious 2,000+ square foot outdoor patio featuring a built-in fireplace and ample seating. Situated on a high-visibility corner lot in North Fresno, the property benefits from exceptional foot traffic and ample parking. Established neighbors include Me-N-Eds, Panda Express, and Club One Casino, further enhancing its desirability. The property's location provides convenient access to freeways 168 and 41, connecting it to a diverse population across Fresno. The permitted zoning is CRC, and the APN is 438-230-14. The asking price is $2,500,000, translating to $385.27 per square foot. This prime location offers significant potential for continued success. Please note: Do not disturb the tenant.

• CAP approach

  CAP return

  Valuation

  6%

  $2,093,632

  6.5%

  $1,932,583

  7%

  $1,794,542

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,404,468

  Geo Method

  $4,560,814

• Alternative Use

  Use

  Valuation

  Residential

  $1,630,206

  Hospitality

  $1,493,260

  Educational

  $1,242,375

  Medical

  $1,285,102

  Retail

  $1,932,583

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7898

Longitude

-119.753

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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