1665 W Shaw Ave 9,264 SF 80% Leased Office Building Fresno, CA 93711 $2,285,000 ($246.65/SF) 6.33% Cap Rate

Premier Owner-User Opportunity with Investment Upside!
Position your business or investment portfolio in one of Fresno's most established commercial corridors. Located along highly traveled West Shaw Avenue, this well-maintained 9,264± SF multi-tenant office building offers a rare combination of stable occupancy, value-add potential, and exceptional owner-user flexibility.
The property consists of four office suites, including one suite available for owner occupancy or lease-up, while the current owner is willing to execute a long-term leaseback, creating immediate income for investors. Existing below-market leases provide an opportunity to increase rental income over time, making this an attractive value-add investment.
Recent capital improvements include six new rooftop HVAC units, fresh exterior paint, updated common area restrooms, security cameras, and a gated parking area—minimizing future capital expenditures while enhancing tenant appeal.
Strategically located with excellent visibility, monument signage, and convenient access to Highway 41, the property is surrounded by established medical, professional, retail, and financial users, making it suitable for a wide range of office, medical, or professional service tenants.
Property Highlights
±9,264 SF multi-tenant office building
Four professional office suites
Excellent Shaw Avenue frontage and signage
Seller willing to execute long-term leaseback
Value-add opportunity through rental increases and lease-up
One suite available for owner-user occupancy or new tenant
Six recently installed rooftop HVAC units
Recently painted exterior
Updated common area restrooms
Security cameras and gated parking
Ample on-site parking
Convenient access to Highway 41 and Highway 99
Ideal for medical, dental, professional office, or investment ownership