Property profile

618 St Fresno, CA 93721

OFF-MARKET
Commercial real estate
1,500 SF 0.23 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 618 Street in Fresno, California, offers 1,500 square feet of versatile space on a 0.23-acre lot. The property features three individual units, each available for lease independently or combined for a larger footprint. Two units share a bathroom, while the third boasts a private bathroom. Smaller units lease for $600 per month, the largest for $700, and all three together for $1,700 per month. This prime location just south of Fresno's vibrant Tower District provides excellent visibility and accessibility. Ample parking is available both in a dedicated lot and on the street, ensuring convenience for both tenants and their clients. The property is ideal for a variety of businesses, including but not limited to retail, nail salons, and barbershops. Utilities are handled through PG&E, with costs divided among tenants based on usage. Tenants are responsible for securing all necessary licenses and permits from the City of Fresno. This is a fantastic opportunity for businesses seeking a flexible and well-located space in a thriving area. Don't miss out!

Property profile

Verified
Property type Commercial real estate
Total area 1,500 SF
Lot 0.23 ac (10,019 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

618 St Fresno, CA 93721
Fresno metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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