19 Fresno StFresno, CA 93706

  • Retail properties
  • 14,528 SF
For Sale
$3,300,000 View listing

Property Details for 19 Fresno St

Year built
1943
Construction
TILT-UP CONCRETE
Lot size
1.71 AC
Property size (Sq ft)
14,528 SF
Zone code
NMX
Property type
Retail properties
Property subtype
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.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,027,584
    6.5%
    $2,794,693
    7%
    $2,595,072
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,861,523
    Geo Method
    $10,211,051
  • Alternative Use

    Use
    Valuation
    Residential
    $2,357,428
    Hospitality
    $2,159,391
    Educational
    $1,796,588
    Medical
    $1,858,376
    Retail
    $2,794,693
19 Fresno St, Fresno, California
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Location Insight

City
Fresno
County
Fresno
State
California
Latitude
36.7221
Longitude
-119.813
CBSA code
23420
CBSA name
FRESNO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,803
$196,013
$158,809
$354,822
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