444-450 N Blackstone Ave
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444-450 N Blackstone Ave
3,480 SF 48% Leased Retail Building Fresno, CA 93701 $529,900 ($152/SF)
Investment Highlights
- ±900 SF of Retail Space With Direct Blackstone Ave Exposure
- Private Offices, Open Rooms, Multiple Entrance Points
- Ample Parking and Mature Landscaping
- Well-Known Freestanding Office Building @ Entrance
- Blackstone Ave Exposure + Signage Available
- Functional Hard To Find Small Spaces | Easy To Rent
Executive Summary
±3,480 SF office/retail building located in Central Fresno offering an excellent SBA owner/user opportunity. Unit #444 of ±900 SF consists of (3) open rooms & private restroom with direct access to the rear fenced yard & parking lot. The unit offers direct access to nice restrooms, high speed internet, signage & abundant parking. The building offers ample parking in the back as well as street parking. This address IS zoned for cannabis retail (CMX), outside the Exclusion Area, and IS more than 800 feet from a sensitive use located in District 7. This property features direct access to Shaw & Blackstone Avenues bringing a total of ±49,261 Cars Per Day within .5 miles of the subject property with an additional ±225,112 Cars Per Day from nearby CA-180. Value-add investor or owner-user opportunity with easy-to-rent small office spaces within an under-built market offering a strong need for these types of spaces. Convenient location, visibility, and access located on along Blackstone Ave. Offering (4) separately metered offices with various configurations/sizes. #444 of ±900 SF & #446 of ±900 SF are currently the sellers printing company consisting of multiple offices and a reception area, currently combined but can be separated. #448 was formally a church & #450 is currently a barber shop, each of ±900 SF.. Owner currently occupies #444 & #446 and is willing to do a lease back or vacate (buyers choice). #450 barber shop has a 1-year lease.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,480 SF
Building Class
C
Year Built
1949
Price
$529,900
Price Per SF
$152
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial
Parking
10 Spaces (2.87 Spaces per 1,000 SF Leased)
Frontage
109 FT on Blackstone Ave
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 446
- 900 SF
- Retail
- -
- Now
- 448
- 900 SF
- Retail
- -
- Now
Space | Size | Space Use | Position | Available |
446 | 900 SF | Retail | - | Now |
448 | 900 SF | Retail | - | Now |
446
Size |
900 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
448
Size |
900 SF |
Space Use |
Retail |
Position |
- |
Available |
Now |
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 459-071-19 | Improvements Assessment | $255,500 |
Land Assessment | $60,000 | Total Assessment | $315,500 |
PROPERTY TAXES
Parcel Number
459-071-19
Land Assessment
$60,000
Improvements Assessment
$255,500
Total Assessment
$315,500
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444-450 N Blackstone Ave
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