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Heritage Mixed-Use Property Near Downtown | 373 N Fresno St
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Heritage Mixed-Use Property Near Downtown 373 N Fresno St
7,319 SF 100% Leased Retail Building Fresno, CA 93701 $725,000 ($99/SF)
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EXECUTIVE SUMMARY
PRICE REDUCED! For sale is a heritage-designated mixed-use property at 373 N. Fresno St. (Paul A. Christenson Building) This is a rare opportunity for owner-users, investors, or redevelopers to restore part of Fresno’s architectural history near Downtown and the Tower District. This +/- 7,319 SF building includes 5 total units, with 3 commercial spaces on the 1st floor and two 3-bed, 1-bath apartments on the 2nd floor. Recent upgrades include fire sprinklers, electrical, plumbing, roof repairs, and exposed original brick architecture. Sale includes key fixtures and appliances to be installed by the buyer. The property features a security-gated parking lot in the back with approximately 12 spaces. One unit is currently rented under a NNN 10-year lease with a 5-year option to renew. Priced at $750,000, sold as-is, with the buyer to complete remaining renovations. Seller is open to seller-financing.
This property is centrally located near Downtown Fresno, offering quick access to the Tower District, major freeways (180, 41, and 99), and public transit. It’s just 1.5 miles from the future High-Speed Rail station, the first in the nation, and 5 miles from Fresno Yosemite International Airport. Additionally, it’s minutes from Community Regional Medical Center, one of the region’s largest medical campuses.
This heritage property may qualify for funding to support preservation and restoration of character-defining features. For more details, visit the City of Fresno Historic Preservation page.
***Contact listing broker for photos, disclosure items, and showing instructions.***
This property is centrally located near Downtown Fresno, offering quick access to the Tower District, major freeways (180, 41, and 99), and public transit. It’s just 1.5 miles from the future High-Speed Rail station, the first in the nation, and 5 miles from Fresno Yosemite International Airport. Additionally, it’s minutes from Community Regional Medical Center, one of the region’s largest medical campuses.
This heritage property may qualify for funding to support preservation and restoration of character-defining features. For more details, visit the City of Fresno Historic Preservation page.
***Contact listing broker for photos, disclosure items, and showing instructions.***
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,319 SF
Building Class
C
Year Built/Renovated
1920/2024
Price
$725,000
Price Per SF
$99
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
NMX - The Neighborhood Mixed-Use (NMX) zone in Fresno promotes a blend of residential, commercial, and institutional uses. Flexible zoning.
Parking
15 Spaces (2.05 Spaces per 1,000 SF Leased)
Frontage
109 FT on Fresno St
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
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PROPERTY TAXES
Parcel Number | 459-173-14 | Improvements Assessment | $33,464 |
Land Assessment | $33,464 | Total Assessment | $66,928 |
PROPERTY TAXES
Parcel Number
459-173-14
Land Assessment
$33,464
Improvements Assessment
$33,464
Total Assessment
$66,928
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Heritage Mixed-Use Property Near Downtown | 373 N Fresno St
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