776 Shaw Ave Fresno, CA 93710

Property Details for 776 Shaw Ave

Year built

1979

Lot size

0.55 lot acres

Property size

11,974 SF

Property type

Office Properties & Spaces

Description

This exceptional two-story, 11,974-square-foot executive office building in Fresno, California, presents a compelling investment opportunity. Located at 776 E Shaw Ave, this Class B property boasts 10,419 square feet of net rentable space, currently at 34% occupancy, spread across seven units. Built in 1979, the building sits on a 0.55-acre lot and is zoned CMX, allowing for versatile commercial use. The asking price is $3,400,000, translating to $283.95 per square foot. The property features ample parking, with a ratio of 2.6 spaces per 1,000 square feet. This multi-tenant building offers significant potential for increased revenue through lease-up. Its prime location in Fresno ensures high visibility and accessibility, making it an attractive option for a variety of businesses. The property's substantial size and flexible zoning provide ample room for expansion or customization to meet diverse needs. The APN is 418-091-15. This is a triple net (NNN) lease arrangement. This is a rare opportunity to acquire a well-located, sizable office building in a thriving market.

Location Insight

City

Fresno

County

Fresno

State

California

Longitude

-119.774

Latitude

36.8089