CA > Fresno
Fresno, CA 93701,190 N Van Ness Avenue
Fresno, CA 93701,190 N Van Ness Avenue
Fresno, CA 93701,190 N Van Ness Avenue
Fresno, CA 93701,190 N Van Ness Avenue
Fresno, CA 93701,190 N Van Ness Avenue
Fresno, CA 93701,190 N Van Ness Avenue
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ADAM WILSON

ADAM WILSON

+1(559) 307-7825
$ 698,000
Est. payment | /mo

2 Baths

3,747 SqFt

Save
$ 698,000
Est. payment | /mo
Save

2 Baths

3,747 SqFt

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 3,747 sqft

Price per Sqft $186

MLS Listing ID 620171

Year Built 1966

Lot Size 0.270 Acres

Property Description

190 Van Ness Professional Office Suites is a 12 individual unit single story office building ideally located in Downtown Fresno. It is well positioned with upside potential. Current pricing reflects a 6.65 Cap Rate. Rents per square foot have risen dramatically since April 2023 when the property was able to be leased. Rents are expected to continue to rise quickly due to a lack of individual office suites in this area. With no rent control on office space, future rent increases can be raised according to market rents and are not subject to incremental rent raises. This property is fully ADA compliant. The 190 Van Ness Professional Office Suites were completely remodeled in early 2023 with fully owned solar added in August 2024. Ideal tenants include esthetician and beauty services, barbers and salons, therapists, tech services, e-commerce, legal services, notary's, insurance services, realtors, and more. Contact your agent or the listing agent for the property brochure, rent roll and detailed financials. Showings available.

Location

State CA

County Fresno

Area 701

Zoning NMX

Interior

Heating Central Heat/Cool

Cooling Central Heat/Cool

Flooring Concrete Perimeter

Exterior

Exterior Feature Brick/Block, Stucco, Wood

Garage 10 - 20 Spaces, Street

Fence Chain Link

Roof Type Flat

Parking Type 10 - 20 Spaces, Street

Building

Story One

Sewer City Water, City Sewer, Master Gas Meter

Water City Water, City Sewer, Master Gas Meter

Others

Acceptable Financing Conventional, Cash, Owner Carry

Listing Terms Conventional, Cash, Owner Carry

Special Listing Condition 1031 Exchange

Fresno MLS (Fresno)
Listed by Jeffrey Zimmerman • Realty Concepts, Ltd. - Fresno
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+1(559) 307-7825

[email protected]

5083 W Michigan Ave, Fresno, California, 93722, USA

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190 N Van Ness Avenue