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Fine Dining Restaurant with Full Bar

Fresno, CA 93710, Fresno, CA 93710

For Sale
$479,000

Business Opportunity, Fresno, CA

Property Size2,400 SF
Lot Size2.41 Acres
Price / SF$199.58
Days on Market98

Property Features

General Information

Property type Residential
Property subtype Retail
Zoning description CC
Parking features Covered
Subdivision 710
Standard status Active
Size 2,400 SF
Lot size 2.41 Acres

Additional Details

Business Included Yes

Building Details

Year built 2020
Listing Agency: Realty Concepts, Ltd. - Fresno
Listed By: Jaspal K Gahunia · License CA #01932247
Added: Aug 8 Changed: Nov 13 Last Checked: Nov 13 at 11:06PM
MLS# 653568

Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

A 2,400-square-foot fine dining restaurant in Fresno is offered with a full bar and Type 47 alcohol license. Improvements include ADA compliance upgrades, updated plumbing and electrical systems, counters, a walk-in cooler, an ice machine, three AC units, and refreshed upholstery. The building was constructed in 2020.

The restaurant is in northeast Fresno, ZIP code 93710, and includes covered parking. The business is independent rather than a franchise, allowing the restaurant concept to remain in place or be changed.

Key Highlights

  • 2,400‑square‑foot restaurant space
  • Full bar with Type 47 alcohol license
  • Updated plumbing, electrical, counters, walk‑in cooler, ice machine, and upholstery

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$32,486
Cap Rate
6.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,720 $649.7K
Cap Rate 7%
$464,086 $464.1K
Cap Rate 9%
$360,956 $361.0K
Market Conditions
NOI Build-Up for 2,400 SF
Gross rent
$46.1K $19.20/SF
− Vacancy
−$2.8K −$1.15/SF
EGI
$43.3K $18.05/SF
− OpEx
−$10.8K −$4.51/SF
NOI
$32.5K $13.54/SF
Area
Fresno, CA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$649,720
Cap Rate 7%
$464,086
Cap Rate 9%
$360,956

Alternative Uses

Best Use
Specialty Retail
$464.1K
$406.1K – $541.4K (±1% cap)
NOI $32,486 @ 7.0% cap · market cap 6.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$707.2K
$618.8K – $825.1K (±1% cap)
NOI $49,507 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

397
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Conventional restaurants in Fresno County, CA

$128 Jul
$120 Aug
$153 Sep
$182 Oct

Properties on Market for Conventional restaurants in Fresno County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - The space includes a Type 47 alcohol license and updated restaurant equipment.
Where is this conventional restaurant located?
The property is located at Fresno, CA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: 2,400‑square‑foot restaurant space; Full bar with Type 47 alcohol license; Updated plumbing, electrical, counters, walk‑in cooler, ice machine, and upholstery
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