Office Building with Flexible
For Sale
$2,995,000
1122 S St, Fresno, CA 93721
Multi-use office building for sale with a substantial footprint and flexible layout potential in a central downtown setting.
Property Size11,554 SF
Days on Market178
Property Features for 1122 S St
General Information
Standard status
Active
Size
11,554 SF
Class
C
Property subtype
Office
Site & Location
Neighborhood
Downtown
Highway Access
Yes
Building Details
Building Size
11,554 SF
Year Built
1972
Listing Agency:
Fortune Associates
Listed By:
Brett Todd · License #01912244
(559) 256-2449
Source:
Commercialcafe
Added: May 9
Changed: Oct 25
Last Checked: Nov 1 at 2:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fortune Associates
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property is an office building with a substantial footprint and flexible layout potential, suited for a range of office, creative, or mixed-use applications. For sale as an owner-user or investment opportunity, the building is positioned to accommodate different occupancy and operating needs based on how the space is configured.
The property benefits from convenient access to major thoroughfares and public transportation, with a wide range of nearby amenities including dining, retail, and professional services. Its central location supports visibility and accessibility within Fresno’s growing business community.
Located at 1122 S Street, the asset is described as well-suited for companies seeking a centrally connected setting with proximity to other businesses and services.
The property benefits from convenient access to major thoroughfares and public transportation, with a wide range of nearby amenities including dining, retail, and professional services. Its central location supports visibility and accessibility within Fresno’s growing business community.
Located at 1122 S Street, the asset is described as well-suited for companies seeking a centrally connected setting with proximity to other businesses and services.
Key Highlights
- Multi‑use office building for sale at 1122 S Street in downtown Fresno
- Substantial building footprint
- Flexible layout potential for office, creative, or mixed‑use applications
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$171,057
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,421,140
$3.4M
Cap Rate 7%
$2,443,671
$2.4M
Cap Rate 9%
$1,900,633
$1.9M
Market Conditions
NOI Build-Up for 11,554 SF
Gross rent
$242.6K $21.00/SF
− Vacancy
−$14.6K −$1.26/SF
EGI
$228.1K $19.74/SF
− OpEx
−$57.0K −$4.94/SF
NOI
$171.1K $14.81/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,421,140
Cap Rate 7%
$2,443,671
Cap Rate 9%
$1,900,633
Alternative Uses
Best Use
Office B
$2.44M
$2.14M – $2.85M
NOI $171,057 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,336 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,905
Businesses Nearby
Explore this area
Business Placement
Demographics for 93721, CA
7,899
Population
2,621
Households
3
Avg Household Size
35
Median Age
12%
College-Educated
69%
High-School Grad
2.0 sq mi
ZIP Area
3,950
Density / Sq Mi
$32,602
Median Household Income
$26,746
Median Earnings
$915
Median Rent
$219,000
Median Home Value
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Multi-use office building for sale with a substantial footprint and flexible layout potential in a central downtown setting.
Where is this office building located?
The property is located at 1122 S St Fresno, CA.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Multi‑use office building for sale at 1122 S Street in downtown Fresno; Substantial building footprint; Flexible layout potential for office, creative, or mixed‑use applications
