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1221 Van Ness Ave 47,040 SF 59% Leased Office Building Fresno, CA 93721 $4,250,000 ($90.35/SF)

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INVESTMENT HIGHLIGHTS

  • Prime corner lot at the intersections of Fresno St. & Van Ness Ave.
  • Walking distance to Courthouse Park bus stop and Fresno Station
  • Convenient access to CA-41 on/off ramps
  • Minutes from Fresno City College, Community Regional Medical Center, and Chukchansi Park
  • Population growth projected: 3,000 ? 10,000 residents with new housing and revitalization projects
  • Surrounded by downtown restaurants, retail, and entertainment

EXECUTIVE SUMMARY

The Saito Company and Tutelian Real Estate, Inc. are pleased to present a distinguished six-story Class A office building encompassing approximately 50,000± sq. ft. in the heart of Downtown Fresno. Positioned at the corner of Fresno Street and Van Ness Avenue, the property offers unmatched street visibility and exposure at one of downtown’s most traveled intersections. Inside, tenants benefit from flexible layouts ranging from 230± sq. ft. to full-floor suites, common areas throughout the building, and panoramic views of the city skyline. Enhanced by a doorman and an attended lobby, with each suite separately addressed for tenant convenience. Additional features include 24-hour secured access, central heating and air conditioning, and an integrated parking garage complemented by abundant street parking. The first floor is currently occupied by BMO bank, while the upper levels feature established law firms, insurance providers, and health organizations—creating a well-rounded professional environment. Investors can further benefit from full-service leases, offering streamlined management and long-term stability.
The property enjoys exceptional connectivity with immediate access to Courthouse Park bus stop and Fresno Station, both within walking distance, as well as direct links to Highway 99, CA-41, and CA-180 for seamless regional travel. Its DTC zoning allows for a broad range of uses—including corporate offices, government facilities, and community-driven establishments—ensuring tenant diversity and future growth. Surrounding amenities include a vibrant mix of restaurants, retail, and entertainment that keep the district active throughout the day, while the wave of redevelopment continues to elevate Downtown Fresno into a more walkable and business-friendly community with a projected population growth from 3,000 to 10,000 residents.
Situated at the center of this transformation, the property presents investors with a compelling combination of visibility, accessibility, and long-term value. Its strategic proximity to Fresno City College, Community Regional Medical Center, the Fulton District, and a broad network of civic, cultural, and nonprofit organizations fosters strong professional synergies and sustained tenant demand. With its strong location on a premier corner lot, high-quality infrastructure, and direct alignment with Fresno’s ongoing revitalization, this building represents not only a best-in-class workplace but also a secure, high-upside investment in the future of Downtown Fresno.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
47,040 SF
Building Class
B
Year Built
1967
Price
$4,250,000
Price Per SF
$90.35
Percent Leased
59%
Tenancy
Multiple
Building Height
6 Stories
Typical Floor Size
5,867 SF
Slab To Slab
12’
Building FAR
2.16
Lot Size
0.50 AC
Opportunity Zone
Yes
Zoning
DTC - Downtown Core
Parking
22 Spaces (0.47 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Banking
  • Controlled Access
  • Central Heating
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Finance and Insurance
  • -
  • $9.99
  • -
  • Jan 0000

BMO is a leading North American bank driven by a single purpose: to Boldly Grow the Good in business and life. Their Purpose informs their strategy, drives ambition, and reinforces their commitments to progress: for a thriving economy, a sustainable future and an inclusive society. As one of the largest banks in North America by assets, they provide personal and commercial banking, global markets and investment banking services to millions of customers. They are proud to be fueling progress for individuals, families and businesses across North America. Established in 1817, BMO Financial Group (TSX, NYSE: BMO) is one of the largest banks in North America by assets. They are highly diversified, providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services.

  • Professional, Scientific, and Technical Services
  • -
  • $9.99
  • Lorem Ipsum
  • -

Fresno headshot photographer offering professional headshots since 2010.

  • Professional, Scientific, and Technical Services
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Established in 2007, Wilshire Law Firm is an award-winning law firm specializing in Personal Injury, Sexual Abuse, Employee Rights, and Consumer Class Action, holding a prestigious AV-Preeminent rating on a national level. With a sophisticated network of highly skilled medical, legal, and forensic experts, Wilshire Law Firm provides personalized legal assistance to clients in California and across the country. The firm’s primary goal is to ensure that every deserving client achieves a full recovery. Having secured over $2 billion in compensation for clients, Wilshire Law Firm is recognized for its outstanding legal work and has earned various accolades. With a team of over 600 legal professionals, Wilshire Law Firm sets a new standard in legal services, empowering clients to assert their rights.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Finance and Insurance - $9.99 - Jan 0000
Professional, Scientific, and Technical Services - $9.99 Lorem Ipsum -
Professional, Scientific, and Technical Services - - Lorem Ipsum Jan 0000
Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
466-154-21
Land Assessment
$529,869
Improvements Assessment
$3,569,659
Total Assessment
$4,099,528
  • Listing ID: 37444815

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 1221 Van Ness Ave, Fresno, CA 93721

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