Property summary
This exceptional restaurant opportunity in Fresno, CA, presents a turnkey operation in a high-traffic location. The 6,489 square foot property, built in 2008, boasts an open floor plan, a striking L-shaped bar complete with a liquor license, and a dedicated banquet hall perfect for large-scale events. Adding to its appeal is a spacious 2,000+ square foot outdoor patio featuring a built-in fireplace and ample seating. Situated on a high-visibility corner lot in North Fresno, the property benefits from exceptional foot traffic and ample parking. Established neighbors include Me-N-Eds, Panda Express, and Club One Casino, further enhancing its desirability. The property's location provides convenient access to freeways 168 and 41, connecting it to a diverse population across Fresno. The permitted zoning is CRC, and the APN is 438-230-14. The asking price is $2,500,000, translating to $385.27 per square foot. This prime location offers significant potential for continued success. Please note: Do not disturb the tenant.
Property profile
VerifiedCap rate & NOI
Current use
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Business Service Center
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
- Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto C…
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
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
CRC · Fresno, CA- Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto C…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
- Neighborhood Mixed Use CMX - Corridor/Center Mixed Use RMX - Regional Mixed Use CMS - Commercial Main Street CC - Commercial Community CR - Commercial Regional CG - Commercial General CH - Commercial Highway and Auto C…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CRC in Fresno, CA.
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