245 M StFresno, CA 93721

  • Warehouses
  • 8,600 SF
For Lease
$12/SF/YR View listing

Property Details for 245 M St

Year built
1973
Construction
TYPE NOT SPECIFIED
Lot size
0.59 AC
Property size (Sq ft)
8,600 SF
Zone code
DTN
Property type
Warehouses
APN
468-235-24
APU
46823524

Description

This ±8,600 square foot, like-new freestanding building offers a unique blend of warehouse and retail space, ideal for a variety of businesses. Situated on a 0.59-acre lot in Fresno, CA, this Class A property boasts a functional layout including a 4,200 square foot retail showroom and a 4,400 square foot warehouse divided into two sections. The warehouse features four dock-high doors, providing efficient loading and unloading capabilities. The building also includes three private offices, a large breakroom, and ADA-compliant restrooms. Ample parking is available on-site, with 19 spaces, supplemented by street parking. The property benefits from a 16-foot ceiling height, heavy power (600 Amps, 240 Volt, 3-phase), LED lighting, full insulation, and a fenced, paved yard area. Its prime location on M Street offers direct visibility and easy access to major freeways (CA-41, 99, 168, and 180), placing it within minutes of the Van Ness Avenue interchange. This strategic location provides excellent access to Fresno's downtown industrial hub and major transportation corridors, serving a wide range of areas including Fresno, Madera, Kings, and Tulare Counties. The property's proximity to numerous national retailers and the Fresno Yosemite International Airport further enhances its appeal. The zoning is DTN - Downtown Neighborhood, and the APN is 468-235-24. This exceptional property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,395,504
    Hospitality
    $1,278,274
    Educational
    $1,063,509
    Medical
    $1,100,085
    Retail
    $1,654,347

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7287
Longitude
-119.779
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$8,003
$260,100
$351,900
$612,000
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