507 Shields Ave Fresno, CA 93705
- Retail space
- 2,541 SF
- 0.29 lot acres
Current Use by Public Records
- Casy Haircutters / Hair Salon
Property Details for 507 Shields Ave
- Year built
- 1978
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property size
- 2,541 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 443-032-49
- APU
- 44303249
Description
This exceptional 2,541 square foot shopping center in Fresno, CA, presents a lucrative investment opportunity. Located at the highly visible and trafficked intersection of Fruit and Shields Avenues, this property boasts three retail units within a single building constructed in 1978. The combined lot size spans an impressive 36,022 square feet, offering significant potential for redevelopment. Currently zoned CC Commercial - Community, this site is ideally suited for a variety of retail applications, including convenience stores, quick-service restaurants, or auto parts stores. The property's strategic location ensures high visibility and substantial traffic counts, making it an attractive proposition for both established businesses and new ventures. The asking price is $795,000. The property consists of two individual parcels (APN: 443-032-49 and 443-032-09) and offers a net rentable area of 2,541 square feet. This presents a rare chance to acquire a well-positioned retail property in a thriving Fresno market with significant upside potential for future development. Serious inquiries only.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.818
- Latitude
- 36.7791
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA
