19 Fresno St Fresno, CA 93706-3607
- Retail space
- 14,528 SF
- 1.71 lot acres
Feb 27, 2020
Current Use by Public Records
- Countrywide Building Materials / Hardware Store / Lumber Store
Property Details for 19 Fresno St
- Year built
- 1943
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.71 lot acres
- Property size
- 14,528 SF
- Zone code
- NMX
- Property type
- Retail space
- APN
- 467-291-08
- APU
- 46729108
Description
This exceptional investment opportunity presents a thriving, long-standing hardware, building supply, and lumber store in Fresno, CA. Established in the 1930s, this iconic business enjoys a loyal customer base and a prime location on 1.71 acres of land, zoned NMX. The 14,528 square foot building, constructed in 1943, operates at 100% occupancy and offers a diverse range of services, including retail sales of building materials, lumber, and tools, as well as custom services such as window and door screen repairs, cabinet manufacturing, and door fabrication. This turnkey operation includes all necessary equipment, inventory, and fixtures for seamless transition. The high-traffic location ensures excellent visibility and accessibility, while the substantial land parcel provides significant potential for future expansion or redevelopment. Multiple revenue streams contribute to stable cash flow, making this a compelling investment in a growing sector with strong potential for long-term value appreciation. The asking price is $3,300,000. This is a rare chance to acquire a piece of Fresno's history and a profitable, established business with significant upside. The property's address is 19 Fresno St, Fresno, CA 93706. The APN is 467-291-08.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $340,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $474,000
- AI Estimate
- $462,000
Market price range: $475k - $1.24MMarket price range: $462k - $1.38M
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Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.813
- Latitude
- 36.7221
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA