Prime Fig Garden Office
1490 W Shaw, Fresno, CA 93711
Renovated office with income and lease-up potential in Fresno.
Type:Commercial
Property size:
5,059 SFPrice / SF:
$237/SF- Added:
- May 19, 2026
- Days on Market:
- 13
- Last Refresh:
- May 19 at 12:54 am
Property Features for 1490 W Shaw
General Information
- Standard status
- Active
- Size
- 5,059 SF
- Property subtype
- Commercial
Listing agent Tonya Regert License #02102625 (559) 760-4917
Listing office (559) 760-4917
Listing date May 19, 2026
Source Elliman
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 Tonya Regert
HighLights
- Prime Fig Garden Area Location: Highly desirable Shaw Avenue corridor, minutes from Fig Garden Village.
- Partially Stabilized Investment: Strong in‑place income with immediate lease‑up potential.
- Turnkey, Low‑Maintenance Asset: Extensive upgrades including new HVAC, enhanced security, and refreshed exterior.
- Vacant Suites Ready for Occupancy: Thoughtfully renovated and staged for immediate use.
- High‑Visibility Frontage: Positioned on Shaw Avenue with strong daily traffic counts.
- Ideal for Various Uses: Suitable for professional office, medical, or boutique service businesses.
Overview
Located along Shaw Avenue, near Fig Garden Village, this renovated commercial property offers a blend of income and future potential. The building has a total area of approximately 5,059 square feet and features two occupied units providing current income, along with two vacant office suites available for immediate lease-up or owner occupancy. Upgrades include new HVAC systems, enhanced security with gated access, and refreshed exterior improvements with professional landscaping. The vacant suites have been renovated and staged. The property is positioned on a major thoroughfare with high daily traffic and is surrounded by established businesses. It is suitable for professional office, medical, or boutique service users. The location supports tenant demand from professional and service-based businesses. The property is in a central Fresno location.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $106.2k | $21.00 |
| − Vacancy | −$6.4k | −$1.26 |
| EGI | $99.9k | $19.74 |
| − OpEx | −$25.0k | −$4.94 |
| NOI | $74.9k | $14.81 |
5,059 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.07M
$936.2K – $1.25M
NOI $74,898 @ 7.0% cap · market cap 6.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.49M
$1.30M – $1.74M
NOI $104,357 @ 7.0% cap · market cap 8.70%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Farmers Insurance - Gregory ...
Insurance Agency
Gallery II
Art Gallery
Secret Garden Studio
Spa & Massage Center
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.819489
- Latitude
- 36.808652
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Renovated office with income and lease-up potential in Fresno.
Where is this office building located?
The property is located at 1490 W Shaw Fresno, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Fig Garden Area Location: Highly desirable Shaw Avenue corridor, minutes from Fig Garden Village.; Partially Stabilized Investment: Strong in‑place income with immediate lease‑up potential.; Turnkey, Low‑Maintenance Asset: Extensive upgrades including new HVAC, enhanced security, and refreshed exterior.
