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High-Traffic Fresno Office Building
For Sale
$1,325,000

2763 E Shaw Ave, Fresno, CA 93710

7,704 SF commercial office building at Shaw & Chestnut.

Property Size7,704 SF
Lot Size0.56 Acres
Price / SF$171.99
Days on Market186

Property Features for 2763 E Shaw Ave

General Information

Standard status Active
Size 7,704 SF
Lot size 0.56 Acres
Listing Agency: Century 21 Select Real Estate
Listed By: Bill Mayhugh · License #00690466
Source: Exprealty
Added: Jan 26 Changed: Jul 6 Last Checked: Jul 30 at 2:55PM

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 Century 21 Select Real Estate

Investment Insights

Based on property information with market context.

This 7,704 SF commercial office building is located at the corner of Shaw & Chestnut, across from Fresno State, Dog House Grill, and HWY 168. It is suitable for investors looking for a 1031 exchange or portfolio expansion. The property offers good income potential and is ideal for a long-term hold with strong upside potential. It features multiple upgraded units with a low vacancy history, a high-visibility corner lot with ample parking, and modern exterior updates. The tenant mix is flexible, with general medical office uses. The suites are professionally designed and ready for immediate occupancy, making them ideal for primary care, specialty clinics, mental health, chiropractic, or outpatient services. The building is just minutes from Community Regional and Saint Agnes Medical Centers.

Key Highlights

  • High‑traffic corner location at Shaw & Chestnut, across from Fresno State, Dog House Grill, and HWY 168.
  • Income‑producing 7,704 SF commercial office building with good income potential.
  • Ideal for 1031 exchange or long‑term hold with strong upside potential.

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 $161.8k $21.00
− Vacancy −$9.7k −$1.26
EGI $152.1k $19.74
− OpEx −$38.0k −$4.94
NOI $114.1k $14.81
7,704 SF · lease $21.00/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.63M
$1.43M – $1.90M (±1% cap)
NOI $114,058 @ 7.0% cap · market cap 8.61%
Second Best
Healthcare Medical
$1.50M
$1.31M – $1.75M (±1% cap)
NOI $104,836 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$2.27M
$1.99M – $2.65M (±1% cap)
NOI $158,918 @ 7.0% cap · market cap 11.99%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Creative Therapeutics Physician Farmers Insurance - Joseph ... Insurance Agency Farmers Insurance -Trent ... Insurance Agency Lorene Hebert DC Alternative Medicine Practice Nancy Larson Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Pharmacy HVAC Service

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

1,562
Businesses Nearby
Under-served
Demand for This Use

Demographics for 93710, CA

30,552
Population
12,581
Households
2.4
Avg Household Size
32
Median Age
30%
College-Educated
89%
High-School Grad
6.2 sq mi
ZIP Area
4,928
Density / Sq Mi
$62,294
Median Household Income
$32,232
Median Earnings
$1,337
Median Rent
$348,600
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Medical Office Space - 7,704 SF commercial office building at Shaw & Chestnut.
Where is this medical office space located?
The property is located at 2763 E Shaw Ave Fresno, CA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: High‑traffic corner location at Shaw & Chestnut, across from Fresno State, Dog House Grill, and HWY 168.; Income‑producing 7,704 SF commercial office building with good income potential.; Ideal for 1031 exchange or long‑term hold with strong upside potential.
More about this property
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