301 Van Ness AveFresno, CA 93721

  • Industrial properties
  • 53,074 SF
For Sale
$3,000,000 View listing

Property Details for 301 Van Ness Ave

Year built
1925
Construction
CONCRETE
Lot size
1.27 AC
Property size (Sq ft)
53,074 SF
Zone code
DTN
Property type
Industrial properties
Property subtype
Other warehouses
APN
468-274-25
APU
46827425

Description

This iconic seven-story Bekins building, located at 301 Van Ness Ave in Downtown Fresno, CA 93721, presents a unique redevelopment opportunity. The 56,320 square foot property sits on a 1.27-acre lot and boasts high visibility from Highway 41, offering excellent freeway access via the Highway 41 and Van Ness interchange. Originally constructed in 1925 of reinforced concrete, this landmark building was once one of Fresno's tallest. The main structure features ground-floor office space, two restrooms, and a dock-high receiving area with two dock-high doors. Access to the upper six floors (approximately 60' x 100' each, with 9' ceilings) is via freight or passenger elevators. A 15,000+ square foot warehouse addition, built in the 1940s, provides 12'-16' clear height and fire sprinklers. The property is zoned DTN (Downtown), allowing for potential conversion to office, retail, or residential uses. The asking price is $3,000,000 ($53.27/sq ft). This multi-story building is situated within an Opportunity Zone, presenting significant investment potential. The APN is 468-274-25.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,612,206
    Hospitality
    $7,888,734
    Educational
    $6,563,334
    Medical
    $6,789,058
    Retail
    $10,209,631
301 Van Ness Ave, Fresno, California

Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7276
Longitude
-119.782
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
$11,173
$223,535
$638,701
$862,236
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