1221 Van Ness Ave Fresno, CA 93721
This exceptional six-story, 47,040 square foot Class B office building, located at 1221 Van Ness Ave, Fresno, CA 93721, presents a unique investment opportunity. Built in 1967 and extensively renovated in 2023, the BMO Bank Building offers a variety of office spaces, ranging from 271 to 7,162 contiguous square feet, ideal for businesses of all sizes. The building features two elevators for convenient access to all floors, and power is included. Twelve spaces are currently available. Each unit benefits from access to shared restrooms on every floor. Situated on a 0.49-acre lot at the southwest corner of Fresno and Van Ness Streets in Downtown Fresno, this property enjoys a prime location surrounded by major national and regional retailers, as well as numerous federal, state, and local government agencies. The building is zoned DTC and has an APN of 466-154-21. This versatile property is suitable for traditional office, executive office, or medical office uses. The building's central location in Fresno, a major city in California's San Joaquin Valley, offers excellent accessibility and visibility. Don't miss this chance to secure your business's future in this thriving downtown location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.