436 Olive AveFresno, CA 93728

  • Retail properties
  • 898 SF
For Sale
$399,999 View listing

Property Details for 436 Olive Ave

Year built
1950
Construction
WOOD
Lot size
0.22 AC
Property size (Sq ft)
898 SF
Zone code
CMS
Property type
Retail properties
Property subtype
Turn key restaurants
APN
450-161-14
APU
45016114

Description

This exceptional 898-square-foot retail property, located at 436 W Olive Ave in Fresno, California, presents a compelling owner-user investment opportunity. Built in 1950, the building sits on a 0.222-acre lot (9,675 square feet) and is zoned CMS. The asking price is $399,999, translating to $445.43 per square foot. The property boasts ample parking with 10 spaces available. The property's location in a bustling area of Fresno offers high visibility and significant potential for a variety of retail businesses. While a smoke shop currently operates on the premises, the business and its inventory are not included in the sale price but are available for separate negotiation. This presents a unique opportunity for buyers to acquire a turnkey operation or continue leasing the space to an existing tenant. The property's prime location and flexible use potential make it an attractive investment for those seeking high-visibility commercial real estate in a thriving Fresno market. The Assessor's Parcel Number (APN) is 45016114. This is a rare chance to acquire a well-situated retail space with significant upside potential.

436 Olive Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7578
Longitude
-119.817
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
2023
$1,165
$42,886
$37,525
$80,411
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