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1133 E Olive Ave
Fresno, CA 93728
Office Property For Sale
EXECUTIVE SUMMARY
This 4,787 SF office building, constructed in 1988, is zoned CMS and located on Olive Ave in the Tower District. Positioned in the vibrant Tower District of Fresno, this property offers a compelling investment proposition for investors and owner/users. The CMS zoning allows for a variety of retail, office, and mixed-use applications, providing flexibility for future repositioning. Additionally, the second floor can be converted to residential use, creating an opportunity for live/work or multi-use configurations that align with the neighborhood’s eclectic and walkable character.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,787 SF
Building Class
C
Year Built
1988
Price
$1,150,000
Price Per SF
$240.23
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,787 SF
Building FAR
0.41
Lot Size
0.27 AC
Opportunity Zone
Yes
Zoning
CMS
Parking
17 Spaces (3.55 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 451-273-23 | Improvements Assessment | $187,624 |
| Land Assessment | $68,267 | Total Assessment | $255,891 |
PROPERTY TAXES
Parcel Number
451-273-23
Land Assessment
$68,267
Improvements Assessment
$187,624
Total Assessment
$255,891
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