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Historical Downtown Fresno Office Building
For Sale
$8,100,000

2014 Tulare Street, Fresno, CA 93721

Landmark eight-story building with retail and investment potential.

Property Size97,354 SF
Lot Size0.62 Acres
Price / SF$83.20
Days on Market139

Property Features for 2014 Tulare Street

General Information

Standard status Active
Size 97,354 SF
Lot size 0.62 Acres
Property subtype Office
Listing Agency: CBRE
Listed By: Mark Perry · License #00783875
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 7 at 5:53AM

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 CBRE

Investment Insights

Based on property information with market context.

The TW Patterson Building is a historically designated, eight-story office building with ground-floor retail space, situated in downtown Fresno. The building has 97,354 square feet of space and is located on a 0.62-acre site. The property benefits from convenient access to Highway 41 and offers an efficient floor plate, subterranean parking, and strong visibility within Fresno’s central business district. The building is currently 67% leased. The property is a candidate for the Mills Act, which may significantly reduce property taxes and support long-term capital investment. The building has undergone substantial recent upgrades. An owner-user may take advantage of available vacancy to occupy a portion of the building while offsetting occupancy costs through rental income from existing tenants and the inherent tax benefits of owning. The building has immediate and long-term value-enhancement potential due to its historic character, central location, and path to tax benefits under the Mills Act.

Key Highlights

  • Potential for significant property tax reduction through Mills Act candidacy.
  • Prime location in the heart of Downtown Fresno.
  • Historical designation and architecturally significant landmark building.

Property Analytics

Current Use

Law Office of Adilene ... Law Firm T.W. Patterson Building Tour Operator The Law Office Of Rick ... Law Firm Balakian Law Offices Law Firm Law Office of Annette ... Law Firm

Suggested Use

Top Pick Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Plumbing Service Cosmetic Store

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

Location Intelligence

Trade Area within ½ mile

3,114
Businesses Nearby

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

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Landmark eight-story building with retail and investment potential.
Where is this office building located?
The property is located at 2014 Tulare Street Fresno, CA.
What is the asking price?
The asking price for this property is $8,100,000.
What are key features of this property?
This property features: Potential for significant property tax reduction through Mills Act candidacy.; Prime location in the heart of Downtown Fresno.; Historical designation and architecturally significant landmark building.
More about this property
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