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2818 E Olive Ave 3,000 SF Specialty Building Offered at $400,000 at a 7.50% Cap Rate in Fresno, CA 93701



INVESTMENT HIGHLIGHTS
- 100% occupied for immediate returns and value-add potential.
- Includes private offices, auditorium, kitchen/dining area, and large parking lot.
- Prime corner lot with downtown amenities and easy access to major freeways.
- Flexible CG zoning allows a wide range of commercial uses.
EXECUTIVE SUMMARY
2818 E. Olive Avenue is a 100% occupied, turnkey opportunity ideal for investors or owner-users seeking a functional office, administrative, or community-oriented facility near the heart of Downtown Fresno. This 3,000± sq. ft. stand-alone building features private offices, an auditorium, a kitchen/dining area, and a large parking lot. Recent improvements include new HVAC, updated restrooms, and a shower.
The property is positioned near Downtown Fresno’s major redevelopment areas, benefiting from the ongoing growth and revitalization of the urban core. With the residential population projected to increase from 3,000 to 10,000, the location provides expanding opportunities to serve a growing community and support mission-driven or service-based operations. Its central location also places it within minutes of the Tower District, Fulton District, and Brewery District.
The surrounding area includes more than 40,000 government, medical, administrative, and creative professionals employed at institutions such as Fresno City Hall, the Federal Courthouse, Community Regional Medical Center, and Fresno City College. This concentration of workers, students, and nearby residents supports organizations that rely on accessibility and convenient regional reach. With its central location, flexible infrastructure, and established occupancy, 2818 E. Olive Avenue presents an excellent opportunity for investors or owner-users to participate in Fresno’s most actively evolving corridors.
The property is positioned near Downtown Fresno’s major redevelopment areas, benefiting from the ongoing growth and revitalization of the urban core. With the residential population projected to increase from 3,000 to 10,000, the location provides expanding opportunities to serve a growing community and support mission-driven or service-based operations. Its central location also places it within minutes of the Tower District, Fulton District, and Brewery District.
The surrounding area includes more than 40,000 government, medical, administrative, and creative professionals employed at institutions such as Fresno City Hall, the Federal Courthouse, Community Regional Medical Center, and Fresno City College. This concentration of workers, students, and nearby residents supports organizations that rely on accessibility and convenient regional reach. With its central location, flexible infrastructure, and established occupancy, 2818 E. Olive Avenue presents an excellent opportunity for investors or owner-users to participate in Fresno’s most actively evolving corridors.
PROPERTY FACTS
| Price | $400,000 | Lot Size | 0.34 AC |
| Price Per SF | $133.33 | Building Size | 3,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 7.50% | Year Built | 1990 |
| Property Type | Specialty | Parking Ratio | 5/1,000 SF |
| Property Subtype | Religious Facility | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | CG | ||
| Price | $400,000 |
| Price Per SF | $133.33 |
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 5/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | CG |
AMENITIES
- Signage
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 452-083-01 | Improvements Assessment | $161,262 |
| Land Assessment | $93,636 | Total Assessment | $254,898 |
PROPERTY TAXES
Parcel Number
452-083-01
Land Assessment
$93,636
Improvements Assessment
$161,262
Total Assessment
$254,898
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2818 E Olive Ave
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