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507-519 W Shields Ave 3,000 SF 100% Leased Retail Building Fresno, CA 93705 $795,000 ($265/SF)



EXECUTIVE SUMMARY
Ideal Development Site!
2 individual parcels located at a major signalized intersection on the SWC of Shields Avenue and Fruit Avenue in Fresno, California.
Highly visible +/- 2,541 SF freestanding multi-tenant building on separate parcel and adjacent vacant land parcel included.
Both parcels combined create an ideal development site for a variety of retail and office use.
2 individual parcels located at a major signalized intersection on the SWC of Shields Avenue and Fruit Avenue in Fresno, California.
Highly visible +/- 2,541 SF freestanding multi-tenant building on separate parcel and adjacent vacant land parcel included.
Both parcels combined create an ideal development site for a variety of retail and office use.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,000 SF
Building Class
C
Year Built
1983
Price
$795,000
Price Per SF
$265
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.28 AC
Zoning
C-2 - Commercial mixed use
Parking
15 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signalized Intersection
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 443-032-49 | Improvements Assessment | $198,000 |
| Land Assessment | $87,000 | Total Assessment | $285,000 |
PROPERTY TAXES
Parcel Number
443-032-49
Land Assessment
$87,000
Improvements Assessment
$198,000
Total Assessment
$285,000
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507-519 W Shields Ave
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