727 Van Ness Ave Fresno, CA 93721-2911
- Retail space
- 15,000 SF
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 727 Van Ness Ave
- Year built
- 1930
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.17 lot acres
- Property size
- 15,000 SF
- Zone code
- DTG
- Property type
- Retail space
- APN
- 468-256-12
- APU
- 46825612
Description
This exceptional retail opportunity presents a 15,000 square foot building situated on a 7,500 square foot lot at 727 Van Ness Avenue in Fresno, CA 93721. The property, zoned for retail use, boasts a two-story structure with a spacious main floor showroom and a sizable basement, ideal for storage or additional operational space. The building's location near the Brewery and Entertainment District and just two blocks from Grizzlies Stadium ensures high foot traffic and excellent visibility. This established location offers a turnkey solution for a business seeking immediate occupancy, with the option to purchase existing inventory, including garments, shoes, racks, shelves, and showcases. The property's APN is 468-256-12 in Fresno County. This is a single-tenant building offering a unique chance to establish or expand a business in a thriving downtown Fresno environment. The cross street is Inyo Avenue. The property is easily accessible and benefits from its prominent location within a vibrant and active community. This is a rare opportunity to acquire a well-positioned retail space with significant potential for growth and success. Don't miss this chance to secure a prime location in the heart of Fresno's dynamic downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $75,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $100,000
- 6.5%
- $95,000
- 7%
- $80,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $80,000
- Geo Method
- $80,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $95,000
- Retail
- $80,000
- Mixed-Use
- $85,000
- Hospitality
- $90,000
- Educational
- $95,000
- Residential Income
- $75,000
- Energy
- $85,000
- Income-Based Land
- $100,000
- Food Service
- $90,000
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.787
- Latitude
- 36.7319
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA