$698,000
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190 N Van Ness Avenue Fresno, CA 93701
Office
Residence
Beds
2
Baths
3,747
Sq. Ft.
0.27
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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190 Van Ness Professional Office Suites is a 12 individual unit single story office building ideally located in Downtown Fresno. It is well positioned with upside potential. Current pricing reflects a 6.65 Cap Rate. Rents per square foot have risen dramatically since April 2023 when the property wa...s able to be leased. Rents are expected to continue to rise quickly due to a lack of individual office suites in this area. With no rent control on office space, future rent increases can be raised according to market rents and are not subject to incremental rent raises. This property is fully ADA compliant. The 190 Van Ness Professional Office Suites were completely remodeled in early 2023 with fully owned solar added in August 2024. Ideal tenants include esthetician and beauty services, barbers and salons, therapists, tech services, e-commerce, legal services, notary's, insurance services, realtors, and more. Contact your agent or the listing agent for the property brochure, rent roll and detailed financials. Showings available.
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MLS#
620171
Property Type
Office
Bathrooms
Year Built
1966
Square Feet
3,747
sq. ft
Price per Sq. Ft.
$186.28
Lot Size
0.27
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