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2645 S Chestnut Ave

51,300 SF Industrial Building Fresno, CA 93725 $4,950,000 ($96/SF)

Investment Highlights

  • ±51,300 SF Freestanding Building & ±0.94 AC of Expansion Land
  • 1,600 Amps, 480 Volt - 3 Phase Heavy Industrial Power
  • Fully Fenced Yard w/ Electric Fence Monitoring | Concrete Parking
  • ±13,700 SF Remodeled Office/Showroom & ±37,600 SF Warehouse
  • 20' Ceiling Height | (6) Ground Level Doors | Dock High Loading
  • Water, Air Lines & Fire Sprinklers Throughout | Flexible Zoning

Executive Summary

±51,300 SF steel beam metal freestanding Industrial building on ±4.05 AC plus ±0.94 AC of Expansion Land. The building offers a ±13,700 SF recently remodeled office/showroom and a ±37,600 SF fully insulated warehouse, with the ability to combine the 12' showroom & 20' warehouse to provide ±44,800 SF of warehouse if desired. Front showroom space (concrete block construction w/ 2011 spray foam roof) consists of ±7,200 SF of an open retail area with new LVP flooring throughout, 3 offices, and a shop restroom/lounge. Front office space of ±6,500 SF has 10 private offices, 2 open rooms/conference rooms, oversized restrooms, bullpen area, filing/printing area, 2 storage rooms, employee lounge, and 2 separate warehouse offices. Rear warehouse has a former machine shop in ±11,250 SF which has various 220V connections and a former distribution space in ±24,975 SF with various dock high doors and mezzanine racking. Warehouse space has a 20’ ceiling height (15’ at eaves), efficient lighting, skylights, coolers & reznor heaters, various ADA restrooms, fully fire suppression system (250 PSI, 6" main, 2.5" distribution), video surveillance, & 1,600 amps of heavy power. Features (6) roll up doors, portable truck dock, full chain link Electric Fence Monitoring (grandfathered fee of only $1,700/month). Nearby CA-99 access via Jensen Ave & in-process upgraded interchange North Ave. Flexible heavy industrial zoning allows for many uses allowed in this centrally located Industrial area. Thrifty and expedient alternative to new construction by avoiding a lengthy construction time delay, land acquisition/fees, and high construction costs.

Property Facts

Price $4,950,000
Price Per SF $96
Sale Type Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
Building Class B
Lot Size 5.00 AC
Rentable Building Area 51,300 SF
No. Stories 1
Year Built/Renovated 1981/2021
Tenancy Single
Parking Ratio 0.58/1,000 SF
Clear Ceiling Height 20 FT
Opportunity Zone Yes

Amenities

  • Bus Line
  • Fenced Lot
  • Mezzanine
  • Security System
  • Signage
  • Skylights
  • Yard

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 45,977 SF
  • Industrial
  • -
  • 60 Days

±51,300 SF steel beam metal freestanding Industrial building on ±4.05 AC plus ±0.94 AC of Expansion Land. The building offers a ±13,700 SF recently remodeled office/showroom and a ±37,600 SF fully insulated warehouse, with the ability to combine the 12' showroom & 20' warehouse to provide ±44,800 SF of warehouse if desired. Front showroom space (concrete block construction w/ 2011 spray foam roof) consists of ±7,200 SF of an open retail area with new LVP flooring throughout, 3 offices, and a shop restroom/lounge. Front office space of ±6,500 SF has 10 private offices, 2 open rooms/conference rooms, oversized restrooms, bullpen area, filing/printing area, 2 storage rooms, employee lounge, and 2 separate warehouse offices. Rear warehouse has a former machine shop in ±11,250 SF which has various 220V connections and a former distribution space in ±24,975 SF with various dock high doors and mezzanine racking. Warehouse space has a 20’ ceiling height (15’ at eaves), efficient lighting, skylights, coolers & reznor heaters, various ADA restrooms, fully fire suppression system (250 PSI, 6" main, 2.5" distribution), video surveillance, & 1,600 amps of heavy power. Features (6) roll up doors, portable truck dock, full chain link Electric Fence Monitoring (grandfathered fee of only $1,700/month). Nearby CA-99 access via Jensen Ave & in-process upgraded interchange North Ave. Flexible heavy industrial zoning allows for many uses allowed in this centrally located Industrial area. Thrifty and expedient alternative to new construction by avoiding a lengthy construction time delay, land acquisition/fees, and high construction costs.

Space Size Space Use Condition Available
1st Floor 45,977 SF Industrial - 60 Days

1st Floor

Size
45,977 SF
Space Use
Industrial
Condition
-
Available
60 Days

1st Floor

Size 45,977 SF
Space Use Industrial
Condition -
Available 60 Days

±51,300 SF steel beam metal freestanding Industrial building on ±4.05 AC plus ±0.94 AC of Expansion Land. The building offers a ±13,700 SF recently remodeled office/showroom and a ±37,600 SF fully insulated warehouse, with the ability to combine the 12' showroom & 20' warehouse to provide ±44,800 SF of warehouse if desired. Front showroom space (concrete block construction w/ 2011 spray foam roof) consists of ±7,200 SF of an open retail area with new LVP flooring throughout, 3 offices, and a shop restroom/lounge. Front office space of ±6,500 SF has 10 private offices, 2 open rooms/conference rooms, oversized restrooms, bullpen area, filing/printing area, 2 storage rooms, employee lounge, and 2 separate warehouse offices. Rear warehouse has a former machine shop in ±11,250 SF which has various 220V connections and a former distribution space in ±24,975 SF with various dock high doors and mezzanine racking. Warehouse space has a 20’ ceiling height (15’ at eaves), efficient lighting, skylights, coolers & reznor heaters, various ADA restrooms, fully fire suppression system (250 PSI, 6" main, 2.5" distribution), video surveillance, & 1,600 amps of heavy power. Features (6) roll up doors, portable truck dock, full chain link Electric Fence Monitoring (grandfathered fee of only $1,700/month). Nearby CA-99 access via Jensen Ave & in-process upgraded interchange North Ave. Flexible heavy industrial zoning allows for many uses allowed in this centrally located Industrial area. Thrifty and expedient alternative to new construction by avoiding a lengthy construction time delay, land acquisition/fees, and high construction costs.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
481-140-14
Land Assessment
$300,638 (2023)
Improvements Assessment
$1,612,564 (2023)
Total Assessment
$1,913,202 (2023)

zoning

Zoning Code IH (Heavy Industrial)
IH (Heavy Industrial)
  • Listing ID: 31416488

  • Date on Market: 4/4/2024

  • Last Updated:

  • Address: 2645 S Chestnut Ave, Fresno, CA 93725

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