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1127 Fulton Street

Fresno, CA 93721
  • $1,950,000
  • STATUS: Active
  • ON SITE: 63 Days
  • ID#: 615647
UPDATED: 16 min ago
$1,950,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 25,345
    SQFT
  • $77
    $/SQFT
Neighborhood:
721
Type:
Commercial
Built:
1948
County:
Area:
721

School Ratings & Info

Description

An exceptional investment opportunity in Fresno's historic Fulton Mall District: a multi-tenant retail building. Prime location, diverse mix of retail, potential office spaces promising substantial return on investment. Property features adjacent retail units hosting Lili's Flowers, Madness Thrift, Discoteca Del Valle, Fulton Mini Mart, and Taqueria El Guero restaurant, ensuring steady foot traffic.1127 Fulton Street offers a compelling 2 story structure with existing tenant-occupied units on ground floor and spacious 3,750 square feet basement. Upstairs, a versatile 6,775 square foot area awaits conversion as office/retail space. With a 20+ year history of same ownership, this property offers below-market rents, presenting significant upside potential. Positioned minutes from the proposed High Speed Rail Hub, recently renovated Chukchansi Park baseball stadium, Fresno County courthouse and other government buildings, the property enjoys unparalleled connectivity to the community. Strategically located a short distance from the construction of the International Terminal at Fresno Yosemite International Airport and the modernization of Fresno State's athletic facilities, investors benefit from the anticipated increase in foot traffic and economic growth in the Central Valley. Don't miss out on this prime investment in one of Fresno's most dynamic commercial districts poised for growth. Buyer to participate in 1031 Exchange at No Cost to Buyer.

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© 2024 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-10-04T10:46:33.393.
www.yourfresnorealty.com/homes/153218385
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1127 Fulton Street Fresno, CA 93721

  • Price: $1,950,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 16 min ago
  • ID#: 615647
0
Beds
0
Baths
0
½ Baths
0.34
Acres
25,345
SQFT
$77
$/SQFT
1948
Built
Neighborhood:
721
County:
Fresno
Area:
721
Property Description
An exceptional investment opportunity in Fresno's historic Fulton Mall District: a multi-tenant retail building. Prime location, diverse mix of retail, potential office spaces promising substantial return on investment. Property features adjacent retail units hosting Lili's Flowers, Madness Thrift, Discoteca Del Valle, Fulton Mini Mart, and Taqueria El Guero restaurant, ensuring steady foot traffic.1127 Fulton Street offers a compelling 2 story structure with existing tenant-occupied units on ground floor and spacious 3,750 square feet basement. Upstairs, a versatile 6,775 square foot area awaits conversion as office/retail space. With a 20+ year history of same ownership, this property offers below-market rents, presenting significant upside potential. Positioned minutes from the proposed High Speed Rail Hub, recently renovated Chukchansi Park baseball stadium, Fresno County courthouse and other government buildings, the property enjoys unparalleled connectivity to the community. Strategically located a short distance from the construction of the International Terminal at Fresno Yosemite International Airport and the modernization of Fresno State's athletic facilities, investors benefit from the anticipated increase in foot traffic and economic growth in the Central Valley. Don't miss out on this prime investment in one of Fresno's most dynamic commercial districts poised for growth. Buyer to participate in 1031 Exchange at No Cost to Buyer.
Exterior Features

Access City StreetAirport 6+ Miles Exterior Brick/BlockStuccoWood Location Mall/Strip MallMajor ArteriesFrontage Parking StreetPublic Garage Roof Flat

Interior Features

Alarm And Security Sys Fire/SmokeSecurity Gates Heating And Cooling Central Air Office Sq Ft 0 Stories TwoBasement

Property Features

Available Date 1800-01-01 Cross Street Address Fresno/Van Ness Electric Master MeterIndividual Meter Existing Loan Free & Clear Lease Type Net Lot Measurement SqFt Lot Size Source (Tax Records) Miscellaneous Inside Storage Operating Expense 22135.00 Operating Income 86612.00 Owner Pays TaxesInsurance Potential Use Department StoreDiscount StoreGeneral OfficeRestaurant-Fast FoodRetail Store Property Subtype1 Retail Property Subtype2 Office Reo Or Bank Owned No Restrooms 3 Sales Includes Building (s) Special Conditions 1031 Exchange Square Footage Source Tax Records Tenant Pays UtilitiesMaintenance Fees Terms ConventionalCash Transaction Type Sale Water Sewer Gas City WaterCity SewerGas Available Zoning DTC

Listing provided courtesy of Rufi V Alday of Real Broker: membership@therealbrokerage.com;855-450-0442.


© 2024 Fresno Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2024-10-04T10:46:33.393.
 
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