Freestanding Office Condo
For Sale
Contact for pricing
2377 W Shaw Ave, Fresno, CA 93711
Freestanding office building with six separate condo suites, each equipped with separate HVAC and meters.
Property Size7,510 SF
Lot Size0.23 Acres
Price / SF$103.20
Days on Market114
Property Features for 2377 W Shaw Ave
General Information
Standard status
Active
Size
7,510 SF
Lot size
0.23 Acres
Property subtype
OFFICE
Additional Details
Cap Rate
7.58%
Office Units
6
Building Details
Tenancy
Multi
Listing Agency:
KW Commercial | Central California
(559) 302-8698
Listed By:
Kevin Land · License #01516541
(559) 359-4035
Source:
Moodyscre
Added: Apr 8
Changed: Jul 25
Last Checked: Jul 25 at 7:54AM
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 KW Commercial | Central California
Investment Insights
Based on property information with market context.
This freestanding office condo building offers six separate units totaling approximately 7,510 square feet on about 10.23 acres, with an owner-user option of 5,357 square feet or lease-up of the remaining space. The building is described as well maintained and recently renovated, with new flooring and paint. Suites are laid out as separate spaces with multiple configurations.
The property is positioned as a well-known freestanding office building at a corner location, with easy access and separate suites throughout. Building systems include separate HVAC units and separate meters for the individual condo spaces, supporting independent operations across tenants.
The current structure is presented as an investment portfolio of six condo units with long-term tenants and low turnover, along with remaining vacancies characterized as under-market and remaining units described as easy to rent. Financial highlights provided include a 7.58% cap rate and an 8.02% cash-on-cash return after stabilized, with total rent referenced at $101,603.
The property is positioned as a well-known freestanding office building at a corner location, with easy access and separate suites throughout. Building systems include separate HVAC units and separate meters for the individual condo spaces, supporting independent operations across tenants.
The current structure is presented as an investment portfolio of six condo units with long-term tenants and low turnover, along with remaining vacancies characterized as under-market and remaining units described as easy to rent. Financial highlights provided include a 7.58% cap rate and an 8.02% cash-on-cash return after stabilized, with total rent referenced at $101,603.
Key Highlights
- Freestanding office building with 6 separate condo suites totaling ±5,357 SF (±1,510 SF total across 6 units).
- 6 separate units on ±0.23 AC with multiple configurations and separate suites for flexible leasing.
- Each suite has separate HVAC and meters to support individual comfort and utility management.
Property Analytics
Current Use
Lease Details
6
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
957
Businesses Nearby
Explore this area
Business Placement
Demographics for 93711, CA
37,901
Population
16,643
Households
2.3
Avg Household Size
43
Median Age
46%
College-Educated
93%
High-School Grad
11.2 sq mi
ZIP Area
3,384
Density / Sq Mi
$97,492
Median Household Income
$53,122
Median Earnings
$1,561
Median Rent
$469,800
Median Home Value
Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office units - Freestanding office building with six separate condo suites, each equipped with separate HVAC and meters.
Where is this office units located?
The property is located at 2377 W Shaw Ave Fresno, CA.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Freestanding office building with 6 separate condo suites totaling ±5,357 SF (±1,510 SF total across 6 units).; 6 separate units on ±0.23 AC with multiple configurations and separate suites for flexible leasing.; Each suite has separate HVAC and meters to support individual comfort and utility management.
