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555 E Olive Ave 1,456 SF Retail Building Fresno, CA 93728 $840,000 ($576.92/SF)
Executive Summary
Location, location, location...This commercial property is located in the heart of Fresno's Tower District. It is currently a turn-key restaurant. The sellers are ready to retire after 30+ years of running the day-to-day operation. However, the Olive Ave location is prime for different business possibilities. There are endless opportunities for this high visibility property.
The property sits on a corner lot with over 7,000 sq ft. The building was recently refreshed with new paint and windows. There are fourteen parking spaces for easy customer access and room for possible outdoor patio seating. The restaurant currently seats thirty-six customers comfortably. There are two restrooms. All the restaurant equipment is included in the sale with the exception of leased soft drink equipment.
The property can easily be repurposed for a donut shop or maybe a coffee shop such as a Starbucks or Dutch Bros. The possibilities are endless with this easily accessible corner lot building. There is space that allows for a drive-thru window.
Please do not disturb the sellers. Reach out to your realtor for any questions or a private viewing appointment.
The property sits on a corner lot with over 7,000 sq ft. The building was recently refreshed with new paint and windows. There are fourteen parking spaces for easy customer access and room for possible outdoor patio seating. The restaurant currently seats thirty-six customers comfortably. There are two restrooms. All the restaurant equipment is included in the sale with the exception of leased soft drink equipment.
The property can easily be repurposed for a donut shop or maybe a coffee shop such as a Starbucks or Dutch Bros. The possibilities are endless with this easily accessible corner lot building. There is space that allows for a drive-thru window.
Please do not disturb the sellers. Reach out to your realtor for any questions or a private viewing appointment.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,456 SF
Building Class
C
Year Built
1974
Price
$840,000
Price Per SF
$576.92
Tenancy
Single
Building Height
1 Story
Slab To Slab
9’
Building FAR
0.20
Lot Size
0.17 AC
Zoning
C5
Parking
14 Spaces (9.62 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 451-254-16 | Improvements Assessment | $127,459 |
| Land Assessment | $59,470 | Total Assessment | $186,929 |
Property Taxes
Parcel Number
451-254-16
Land Assessment
$59,470
Improvements Assessment
$127,459
Total Assessment
$186,929
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555 E Olive Ave
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