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Multi-Tenant Storefront Property

1459 N Van Ness Avenue, Fresno, CA 93728

For Sale
$950,000

Twelve occupied suites span two buildings conveyed together across separate parcels.

Property Size9,645 SF
Lot Size0.25 Acres
Price / SF$98.50
Days on Market305

Property Features for 1459 N Van Ness Avenue

General Information

Standard status Active
Size 9,645 SF
Lot size 0.25 Acres
Property subtype Commercial
Occupancy 100%

Site & Location

Neighborhood Fresno High-Roeding

Additional Details

Cap Rate 8.67%
Tenant in Place Yes

Building Details

Building Size 9,645 SF
Year Built 1948
Buildings 2
Tenancy Multi
Listing Agency: Gentile Real Estate
Listed By: Taylor C Olson · License #01933206
Source: Pinkkeyrealestate
Added: Jan 9 Changed: Nov 7 Last Checked: Nov 8 at 5:17PM

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 Gentile Real Estate

Rey
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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.

The offering includes two commercial buildings on separate parcels, packaged for sale as one property. Together, the buildings contain 9,645 square feet and 12 suites. The buildings date to 1948, and all suites are occupied by long-term tenants. The current cap rate is 8.67%; the pro forma cap rate is 9.8%.

The property is near Fresno City College and the Tower District’s retail and entertainment offerings. The combined land area is 11,000 square feet.

Key Highlights

  • Two commercial buildings on separate parcels are being sold together
  • 12 suites, all occupied by long‑term tenants
  • 9,645 square feet of building area on 11,000 square feet of land

Property Analytics

Current Use

Black 6 Red ... Marketing & Advertising Resistance Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Acupuncture Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,293
Businesses Nearby
75k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 47% Dining 34% Home Improvements & Furnishings 19%
Dollar Tree Shops & Services
24,216 visits/mo 0.3 miles
Harbor Freight Tools Home Improvements & Furnishings
14,046 visits/mo 0.4 miles
Carl's Jr. Dining
9,799 visits/mo 0.5 miles
Me-N-Ed's Pizzeria Dining
9,041 visits/mo 0.3 miles
Valero Energy Shops & Services
7,927 visits/mo 0.5 miles

Demographics for 93728, CA

16,191
Population
6,878
Households
2.4
Avg Household Size
35
Median Age
18%
College-Educated
77%
High-School Grad
3.0 sq mi
ZIP Area
5,397
Density / Sq Mi
$52,809
Median Household Income
$34,696
Median Earnings
$1,243
Median Rent
$239,700
Median Home Value

Market

Average Price Trend$/SF for Storefront properties in Fresno, CA

$155 Jul
$107 Aug
$154 Sep
$148 Oct

Properties on Market for Storefront properties in Fresno

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • Prestigioflowers.com — 741 n fulton st, fresno, ca 93728
  • Nana's Flower Shop — 43 E Olive Ave, Fresno, CA 93728
  • Chase Flower Shop — 1405 N Van Ness Ave, Fresno, CA 93728

Frequently Asked Questions

What type of property is this?
Storefront property - Twelve occupied suites span two buildings conveyed together across separate parcels.
Where is this storefront property located?
The property is located at 1459 N Van Ness Avenue Fresno, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two commercial buildings on separate parcels are being sold together; 12 suites, all occupied by long‑term tenants; 9,645 square feet of building area on 11,000 square feet of land
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