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54 E California Ave

5,025 SF Retail Building Fresno, CA 93706 $1,300,000 ($259/SF)

Executive Summary

OPTION TO PURCHASE BUSINESS ALONE: $500,000
Situated at 54 E California Ave, this 5,025 square foot building offers a dynamic combination of business and rental income potential.
Key Features:
Established Liquor Business: This property comes with a successful and well-regarded liquor business, providing a steady stream of revenue. The business has built a loyal customer base and enjoys strong community support.
Rental Income: In addition to the thriving liquor business, the property includes 1,290 square feet of rented space, contributing to a diverse and reliable income stream.
Strategic Location: Located in a bustling area of Fresno, the property benefits from high visibility and foot traffic. The surrounding community is vibrant and continuously growing, promising sustained patronage for both the liquor business and rental spaces.
Seize this rare opportunity to own a prime commercial property with a thriving liquor business in Fresno. Whether you're an investor seeking a stable income source or an entrepreneur looking to expand your portfolio, this property offers unmatched potential.

Data Room Click Here to Access

Property Facts In Escrow

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
5,025 SF
Year Built
1960
Price
$1,300,000
Price Per SF
$259
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.54 AC
Opportunity Zone
Yes
Zoning
NMX
Frontage
120 FT on E California Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 477-121-04
  • 477-121-03
Land Assessment
$90,000
Improvements Assessment
$415,000
Total Assessment
$505,000
  • Listing ID: 32521423

  • Date on Market: 7/19/2024

  • Last Updated:

  • Address: 54 E California Ave, Fresno, CA 93706

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