1055 Van Ness Ave | Fresno, CA 93721
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1055 Van Ness Ave
Fresno, CA 93721
Radisson Hotel · Hospitality Property For Sale · 130,358 SF
Investment Highlights
- Historically well-performing asset being offered significantly below replacement cost, with upside potential through minor value-add opportunities.
- Ideally located in Fresno's revitalized downtown area, which draws in a significant potential consumer base due to events and festivals.
- Fresno is home to more than 538,000 people and is strategically situated halfway between San Francisco and Los Angeles.
- Located adjacent to Courthouse Park, and just a short walk to the Fresno Convention & Entertainment Center and The Tower District.
- Accommodate up to 500 people throughout 7 meeting and event venues, including the 9th-floor Skyroom or the elegant and spacious Sierra Grand Ballroom.
PROPERTY FACTS
| Property Type | Hospitality | Building Size | 130,358 SF |
| Property Subtype | Hotel | No. Stories | 9 |
| Building Class | C | Year Built | 1960 |
| Lot Size | 0.90 AC | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.90 AC |
| Building Size | 130,358 SF |
| No. Stories | 9 |
| Year Built | 1960 |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $12,065,107 | |
| Land Assessment | $941,856 | Total Assessment | $13,006,963 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$941,856
Improvements Assessment
$12,065,107
Total Assessment
$13,006,963
zoning
| Zoning Code | C-4, Fresno |
| C-4, Fresno |
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