301 Van Ness Ave Fresno, CA 93721-3125
Property summary
This iconic seven-story Bekins building, located at 301 Van Ness Ave in Downtown Fresno, CA 93721, presents a unique redevelopment opportunity. The 56,320 square foot property sits on a 1.27-acre lot and boasts high visibility from Highway 41, offering excellent freeway access via the Highway 41 and Van Ness interchange. Originally constructed in 1925 of reinforced concrete, this landmark building was once one of Fresno's tallest. The main structure features ground-floor office space, two restrooms, and a dock-high receiving area with two dock-high doors. Access to the upper six floors (approximately 60' x 100' each, with 9' ceilings) is via freight or passenger elevators. A 15,000+ square foot warehouse addition, built in the 1940s, provides 12'-16' clear height and fire sprinklers. The property is zoned DTN (Downtown), allowing for potential conversion to office, retail, or residential uses. The asking price is $3,000,000 ($53.27/sq ft). This multi-story building is situated within an Opportunity Zone, presenting significant investment potential. The APN is 468-274-25.
Property profile
VerifiedCap rate & NOI
Current use
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Moving Company
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
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Value estimation
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Cap rate
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Property tax & assessments
Tax year 2024Property 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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