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1221 Van Ness Ave 47,040 SF Vacant Office Building Fresno, CA 93721 $2,600,000 ($55.27/SF)
Investment Highlights
- Six-story office property totaling 47,040 square feet with basement level.
- Zoning designation supports flexible use, including owner-user occupancy or redevelopment initiatives.
- Exceptional access to State Routes 41, 99, and 180 linking regional markets.
- Located in Fresno’s governmental and legal district with direct pedestrian access to surrounding amenities.
- Features include three elevators, core restrooms, and adjacent parking garage with 213 stalls.
Executive Summary
1221 Van Ness Avenue presents an exceptional ownership opportunity within the heart of Downtown Fresno. This six-story office property, including a usable basement, offers approximately 47,040 square feet of space on a 21,600 square foot parcel. Positioned within the Downtown Core (DTC) zoning district, the building offers flexibility for an owner-user, investor, or redevelopment scenario. Currently mostly vacant and demised for multiple tenants, the asset allows for adaptive reuse strategies or reactivation as a single-tenant headquarters.
The site includes 22 dedicated surface parking spaces and immediate access to an adjacent city parking garage with over 200 stalls. Building amenities include three passenger elevators and common area restrooms on upper floors. Located within walking distance of judicial, governmental, and professional services, the property enjoys convenient proximity to major transportation corridors including State Routes 41, 99, and 180. Retail, dining, and civic nodes are easily accessible, enhancing tenant appeal and long-term value creation potential.
The site includes 22 dedicated surface parking spaces and immediate access to an adjacent city parking garage with over 200 stalls. Building amenities include three passenger elevators and common area restrooms on upper floors. Located within walking distance of judicial, governmental, and professional services, the property enjoys convenient proximity to major transportation corridors including State Routes 41, 99, and 180. Retail, dining, and civic nodes are easily accessible, enhancing tenant appeal and long-term value creation potential.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Building Size
47,040 SF
Building Class
B
Year Built
1967
Price
$2,600,000
Price Per SF
$55.27
Percent Leased
Vacant
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
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Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 466-154-21 | Improvements Assessment | $3,569,659 |
| Land Assessment | $529,869 | Total Assessment | $4,099,528 |
Property Taxes
Parcel Number
466-154-21
Land Assessment
$529,869
Improvements Assessment
$3,569,659
Total Assessment
$4,099,528
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