946 Fulton StFresno, CA 93728
- Healthcare properties
- 2,784 SF
Property Details for 946 Fulton St
- Year built
- 1945
- Construction
- WOOD
- Lot size
- 0.23 AC
- Property size (Sq ft)
- 2,784 SF
- Zone code
- CMS
- Property type
- Healthcare properties
- Property subtype
- Medical offices
- APN
- 452-115-03
- APU
- 45211503
Description
This exceptional commercial property, located at 946 N Fulton Street in Fresno, California, presents a unique investment opportunity in the thriving Tower District. The 2,784 square foot building sits on a 0.23-acre lot and is currently generating income with three leased units: two 3-bedroom, 1-bathroom units and one 1-bedroom, 1-bathroom unit. Its central location offers unparalleled access to the area's vibrant cultural attractions, entertainment venues, and a strong community atmosphere. The property's proximity to downtown Fresno, major hospitals, Fresno City College, and Fresno State University ensures high visibility and convenient access for both employees and customers. The CMS zoning allows for a wide range of commercial and residential uses, providing significant flexibility for future development. The substantial lot size presents excellent potential for expansion, such as adding an accessory dwelling unit (ADU) or increasing parking capacity. This property offers a blend of immediate income generation and long-term development potential, making it an ideal investment for discerning buyers seeking a prime piece of Fresno real estate in a highly desirable location. Don't miss this chance to acquire a property with such versatility and potential in the heart of the Tower District.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $394,677
- 6.5%
- $364,318
- 7%
- $338,295
-
Comparable approach
- Method
- Valuation
- Relative Method
- $369,688
- Geo Method
- $776,485
-
Alternative Use
- Use
- Valuation
- Residential
- $451,754
- Hospitality
- $413,804
- Educational
- $344,280
- Medical
- $356,120
- Retail
- $535,547
Location Insight
- City
- Fresno
- County
- Fresno
- State
- California
- Latitude
- 36.7547
- Longitude
- -119.8
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].