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Bldg B 4848 N 1st St 6,900 SF 92% Leased Office Building Fresno, CA 93726 $897,000 ($130/SF)

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EXECUTIVE SUMMARY

Fortune Associates is pleased to present an exceptional opportunity at the Fashion Fair Professional Center—4848 North First Street, Fresno, CA. Strategically positioned just south of Shaw Avenue and directly across from the high-traffic Fashion Fair Mall, this property offers outstanding visibility and access in one of Fresno's most established commercial corridors.
This professional office building encompasses approximately 6,900± square feet of flexible space, well-suited for general use. With existing short-term leases in place, the asset offers significant value-add potential through lease-up, repositioning, or rent optimization—making it ideal for investors looking to enhance cash flow and long-term appreciation.
Surrounded by national retailers, restaurants, and service providers, the property is anchored in a dense commercial hub with strong tenant demand and excellent surrounding amenities. This is a rare opportunity to acquire a well-located office asset with immediate upside and strategic optionality for both income and redevelopment.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
6,900 SF
Building Class
C
Year Built
1978
Price
$897,000
Price Per SF
$130
Percent Leased
92%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,900 SF
Slab To Slab
8’
Building FAR
0.03
Lot Size
5.92 AC
Zoning
R-P
Parking
30 Spaces (4.35 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 101
  • 775 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 101 775 SF Office - Now

1st Fl-Ste 101

Size
775 SF
Space Use
Office
Condition
-
Available
Now
Walk Score®
Very Walkable (80)
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
427-370-01
Land Assessment
$125,557
Improvements Assessment
$537,262
Total Assessment
$662,819
  • Listing ID: 37841435

  • Date on Market: 9/26/2025

  • Last Updated:

  • Address: 4848 N 1st St, Fresno, CA 93726

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