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2550 W Shaw Ave

12,399 SF Office Building Fresno, CA 93711 $2,600,000 ($210/SF)

Investment Highlights

  • Great Visibility
  • Signage
  • Subterranean Parking

Executive Summary

The subject asset is a single-story, freestanding office building. The property features excellent exposure on Shaw Avenue as
well as secured subterranean parking, a rare amenity for single-story buildings in Fresno. The structure as well as the landscaping
and parking areas have been well maintained with no deferred maintenance. All HVAC units have been serviced annually with some replaced. All units have GPS-F24AC sanitizer units installed. The entrances have been CASp inspected with new sidewalks and ramps/handrails installed during remodels in 2015 and 2016. The building exterior was repainted in 2018. The building is partially
furnished with cubicles, desks, chairs, etc. included in the purchase price. An itemization of the furnishings is available on request.
The subject building is located in the West Shaw office market and equidistant from Freeways 41 and 99 offering excellent access to both major highways. The area is characterized by multiple office complexes as well as retail centers in close proximity which provides ancillary services such as banking, shopping, food service, and transportation.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
12,399 SF
Building Class
B
Year Built/Renovated
1985/2014
Price
$2,600,000
Price Per SF
$210
Tenancy
Single
Building Height
1 Story
Typical Floor Size
12,399 SF
Building FAR
0.31
Lot Size
0.91 AC
Zoning
CMX - Commercial Mixed Use
Parking
26 Spaces (2.1 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
415-054-01
Land Assessment
$594,916 (2023)
Improvements Assessment
$1,489,715 (2023)
Total Assessment
$2,084,631 (2023)
  • Listing ID: 31890887

  • Date on Market: 5/22/2024

  • Last Updated:

  • Address: 2550 W Shaw Ave, Fresno, CA 93711

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