87 E Olive Ave Fresno, CA 93728

This exceptional investment opportunity presents a two-story, Class C office building situated at 87 E Olive Ave, Fresno, CA 93728. The property, built in 1969, encompasses a substantial 2,940 square feet of net rentable space across 13 units, currently generating $4,100 in monthly rental income (62% occupancy). The building sits on a generous 5,950 square foot lot, zoned CMS, offering potential for expansion or redevelopment. The asking price is $600,000, translating to $204.08 per square foot. Key features include owned solar panels, contributing to energy efficiency and cost savings. This property represents a compelling investment prospect in Fresno's desirable Tower District, offering a blend of immediate income generation and future growth potential. The property's 13 units provide flexibility for various uses, including creative, medical, or traditional office spaces. The substantial lot size provides ample room for future development or expansion. This is a rare chance to acquire a well-located commercial property with existing income and significant upside. The APN is 450-172-11.