921 Fulton StFresno, CA 93721

Property Details for 921 Fulton St

Year built

1969

Construction

TILT-UP CONCRETE

Lot size

0.18 AC

Property size (Sq ft)

6,900 SF

Zone code

DTC

Property type

Retail space

APN

468-281-03

APU

46828103

Description

This exceptional 6,995 square foot retail property, located at 921 Fulton Street in downtown Fresno, CA (zip code 93721), presents a unique owner-user opportunity. The property, built in 1969 and situated on a 0.18-acre lot, features two separate storefronts, each with its own entrance, two rear storage rooms, and two private restrooms per address. Currently, one space is 100% occupied by a tenant paying $4,000 per month on a NNN lease with three years remaining. The asking price is $675,000, translating to $96.50 per square foot. The solid brick building boasts a newer roof and ample parking in front and rear. Its prime location on Fulton Street in the revitalized Fulton District offers exceptional visibility and accessibility, benefiting from high pedestrian traffic and proximity to major freeways, Chukchansi Park, Fresno City College, and California State University, Fresno. The property is zoned DTC (Downtown Core) and enjoys a highly dense population within a five-mile radius, exceeding 1,307,641 people. This presents a compelling investment opportunity with potential for both owner-occupancy and additional rental income. The property's prominent location and substantial size make it an ideal choice for a variety of retail uses.

• CAP approach

  CAP return

  Valuation

  6%

  $1,437,936

  6.5%

  $1,327,325

  7%

  $1,232,516

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,308,956

  Geo Method

  $4,849,687

• Alternative Use

  Use

  Valuation

  Residential

  $1,119,648

  Hospitality

  $1,025,592

  Educational

  $853,280

  Medical

  $882,626

  Retail

  $1,327,325

Location Insight

City

Fresno

County

Fresno

State

California

Latitude

36.7331

Longitude

-119.79

CBSA code

23420

CBSA name

FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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