Retail Storefront with For
1448 N Blackstone Avenue Fresno, CA 93703
1448 N Blackstone Avenue, Fresno, CA, 93703
$475,000
For Sale
$475,000
COMMERCIAL - Fresno, CA
Property Size1,872 SF
Lot Size0.20 Acres
Price / SF$253.74
Days on Market319
Property Features for 1448 N Blackstone Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Standard status
- Active
- APN
- 45114108
- Size
- 1,872 SF
- Lot size
- 0.20 Acres
Building Details
- Year built
- 1946
- Floors in Building
- 1
- Roof type
- Flat
Listing Agency
Universal Realty Services, Inc.
(559) 298-0180
1520 Shaw Ave, Clovis, CA
Listed by
Gautam Atri
(559) 285-4841
Added: Sep 1, 2025 Checked: Jul 16 at 11:06 pm
MLS# 636357
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale retail storefront offers a compact footprint totaling 1,872 square feet, suited for a range of small commercial uses. The property is identified as a storefront/retail space and presents an opportunity for a buyer seeking a manageable size commercial building. With the lot sized at 0.1986 acres, it supports a straightforward site profile for a neighborhood-oriented operation.
The property is located at 1448 N Blackstone Avenue in Fresno, CA 93703. As a standalone storefront on this avenue, it is positioned for direct street-level visibility for retail and service tenants that benefit from convenient walk-up and local drive-by access.
From a tenant and buyer fit standpoint, the building size aligns with concepts that do not require large-format square footage. It may also appeal to owner-operators looking to control their occupancy in a smaller retail environment. For investors, the asset may be considered for portfolios targeting lower square-footage retail holdings, subject to due diligence on the building’s specific condition, current configuration, and operating requirements.
The property is located at 1448 N Blackstone Avenue in Fresno, CA 93703. As a standalone storefront on this avenue, it is positioned for direct street-level visibility for retail and service tenants that benefit from convenient walk-up and local drive-by access.
From a tenant and buyer fit standpoint, the building size aligns with concepts that do not require large-format square footage. It may also appeal to owner-operators looking to control their occupancy in a smaller retail environment. For investors, the asset may be considered for portfolios targeting lower square-footage retail holdings, subject to due diligence on the building’s specific condition, current configuration, and operating requirements.
Key Highlights
- Built in 1946
- Flat roof
Local Financial Insights For Retail
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 | $33.7k | $18.00 |
| − Vacancy | −$2.4k | −$1.26 |
| EGI | $31.3k | $16.74 |
| − OpEx | −$9.4k | −$5.02 |
| NOI | $21.9k | $11.72 |
1,872 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$313.4K
$274.2K – $365.6K
NOI $21,936 @ 7.0% cap · market cap 4.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.7K
$482.7K – $643.6K
NOI $38,616 @ 7.0% cap · market cap 8.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Storefront property - Small retail storefront offered for sale, well-suited for an owner-operator or a compact neighborhood service concept.
Where is this storefront property located?
The property is located at 1448 N Blackstone Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Built in 1946; Flat roof
