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Retail Space on Commercial Corridor
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2839 N Blackstone Ave, Fresno, CA 93703

Retail premises positioned along Blackstone Avenue with access to Highway 41 and surrounding Fresno activity centers.

Property Size3,694 SF
Price / SF$148.89
Days on Market4

Property Features for 2839 N Blackstone Ave

General Information

Standard status Active
Size 3,694 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: Colliers | Fresno
Listed By: Ted Fellner · License #00977465
Source: Moodyscre
Added: Jul 31 Changed: Aug 3 Last Checked: Aug 3 at 4:14AM

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 Colliers | Fresno

Investment Insights

Based on property information with market context.

This 3,694-square-foot retail space is located at 2839 N Blackstone Ave in Fresno. The property sits along Blackstone Avenue, a commercial corridor serving retail, office, and service businesses. Its street-facing position provides exposure to a heavily commercialized area and places the site within an established city setting.

Highway 41, Downtown Fresno, Fresno City College, and nearby residential neighborhoods are all identified as surrounding access and activity points. The property’s location supports convenient movement between commercial destinations, educational facilities, downtown, and residential areas. The corridor also includes ongoing investment and redevelopment, alongside a mix of business uses.

Key Highlights

  • 3,694‑square‑foot retail space
  • Located at 2839 N Blackstone Ave, Fresno, CA 93703
  • Positioned along Blackstone Avenue’s commercial corridor

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 $66.5k $18.00
− Vacancy −$4.7k −$1.26
EGI $61.8k $16.74
− OpEx −$18.6k −$5.02
NOI $43.3k $11.72
3,694 SF · lease $18.00/SF/yr · vacancy 7.00% · expense 30.00%

Alternative Uses

Best Use
Retail
$618.4K
$541.1K – $721.4K (±1% cap)
NOI $43,286 @ 7.0% cap · market cap 7.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.09M
$952.5K – $1.27M (±1% cap)
NOI $76,200 @ 7.0% cap · market cap 13.85%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Law Firm Travel Agency Carpet & Flooring Store Bakery

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

967
Businesses Nearby
223k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 72% Groceries 17% Shops & Services 11%
Dutch Bros. Coffee Dining
49,136 visits/mo 0.3 miles
Smart & Final Groceries
37,081 visits/mo 0.2 miles
Taco Bell Dining
28,297 visits/mo 0.3 miles
Starbucks Dining
25,010 visits/mo 0.2 miles
Jack in the Box Dining
16,974 visits/mo 0.1 miles

Demographics for 93703, CA

34,840
Population
11,155
Households
3.1
Avg Household Size
31
Median Age
9%
College-Educated
72%
High-School Grad
4.8 sq mi
ZIP Area
7,258
Density / Sq Mi
$43,236
Median Household Income
$30,359
Median Earnings
$1,204
Median Rent
$250,200
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail premises positioned along Blackstone Avenue with access to Highway 41 and surrounding Fresno activity centers.
Where is this retail space located?
The property is located at 2839 N Blackstone Ave Fresno, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 3,694‑square‑foot retail space; Located at 2839 N Blackstone Ave, Fresno, CA 93703; Positioned along Blackstone Avenue’s commercial corridor
(559) 269-6753 Call to check price and availability
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