16 Yosemite Ave Fresno, CA 93721-1040
For Lease
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Property summary
This exceptional investment opportunity presents two adjoining mixed-use properties totaling 18,432 square feet in Fresno's vibrant downtown area. The portfolio comprises two buildings sold together: 16 N. Yosemite Avenue and 1950 Broadway Street. The 10,462 square foot building at 16 N. Yosemite Avenue offers office, warehouse, and showroom space, including two offices, a restroom, kitchen, and a sizable warehouse/garage area. A portion of this building is air-conditioned. Secure, on-site parking is a key feature. The second building, located at 1950 Broadway Street, encompasses 7,970 square feet and includes a warehouse with four roll-up doors, a washroom, and a commercial dishwashing station. Above the warehouse is a residential unit featuring three bedrooms, one and a half bathrooms, a kitchen, and a washroom. This building is listed on the Local Official Register of Historic Resources. Both properties are fully fenced and offer secure parking. The combined properties are zoned Downtown Neighborhood (DTN) and boast exceptional visibility in a high-traffic area. The asking price for this unique portfolio is $1,300,000. APN numbers are 466-182-29 and 466-182-40.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
The DTC District will foster the enhancement of Fresno's business, shopping, and cultural heart by guiding the development of the densest, most active, and most interesting mixed-use urban center in the region.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Fresno market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
DTN · Fresno, CAThe DTC District will foster the enhancement of Fresno's business, shopping, and cultural heart by guiding the development of the densest, most active, and most interesting mixed-use urban center in the region.
Zoning
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Zoning designation
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The district profile from the municipal source: what is on file for DTN in Fresno, CA.
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