1503 Shields Ave Fresno, CA 93704-5140
- Retail space
- 3,650 SF
- 0.26 lot acres
Oct 23, 2024
Current Use by Public Records
- The Cave Rehersal Studios / Rehearsal Studio
- Rock Fuzion Music School / Music School
- Cave Fresno / Recording Studio
Property Details for 1503 Shields Ave
- Year built
- 1948
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 3,650 SF
- Zone code
- RMX
- Property type
- Retail space
- APN
- 435-334-13
- APU
- 43533413
Description
This exceptional 3,600 square foot convenience store, located at 1503-1505 E. Shields Avenue in Fresno, California, presents a compelling owner-user opportunity. Priced at $525,000 ($145.83 per square foot), this freestanding property boasts a prime corner location at the intersection of Shields and Maroa Avenues, just one block west of Blackstone Avenue. The building benefits from excellent street visibility on Shields Avenue, a major thoroughfare. Its convenient location offers easy access to Freeway 41, ensuring high traffic flow and potential for increased customer base. The property's current configuration provides ample space for a thriving convenience store operation, with significant upside potential for expansion or modification to suit a variety of retail uses. The zip code is 93704, and the property is situated in Fresno County. This is a rare opportunity to acquire a well-positioned retail space in a high-demand area. The property's strong location and potential for growth make it an attractive investment for both owner-operators and investors seeking a stable, high-return asset.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Fresno
- County
- Fresno
- State
- California
- Longitude
- -119.793
- Latitude
- 36.7798
- CBSA code
- 23420
- CBSA name
- FRESNO, CA METROPOLITAN STATISTICAL AREA