CA > Fresno
Fresno, CA 93701,190 N Van Ness AVE
Fresno, CA 93701,190 N Van Ness AVE
Fresno, CA 93701,190 N Van Ness AVE
Fresno, CA 93701,190 N Van Ness AVE
Fresno, CA 93701,190 N Van Ness AVE
Fresno, CA 93701,190 N Van Ness AVE
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Vishal Lal

Vishal Lal

+1(559) 776-6454
$ 698,000
Est. payment | /mo

2 Baths

3,747 SqFt

Save
$ 698,000
Est. payment | /mo
Save

2 Baths

3,747 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,747 sqft

Price per Sqft $186

MLS Listing ID 620171

Full Baths 2

HOA Y/N No

Year Built 1966

Lot Size 0.270 Acres

Property Sub-Type Commercial

Property Description

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 an 8.3% Cap Rate once rents are raised. Rents per square foot have risen dramatically since April 2023 when the property was 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.

Location

State CA

County Fresno

Zoning NMX

Interior

Cooling Central Heat/Cool

Exterior

Parking Features 10 - 20 Spaces, On Street

Fence Chain Link

Utilities Available Master Gas Meter

Roof Type Flat

Building

Lot Description Airport 6+ Miles, Urban, Corner Lot, Frontage, Total Parcel Only

Story 1

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Others

Special Listing Condition Real Estate Owned

Fresno MLS
Listed by Jeffrey D Zimmerman Realty Concepts, Ltd. - Fresno
Vishal Lal

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(559) 776-6454

vish@valleyrealty.llc

7475 N Palm Ave, Fresno, California, 93711, USA

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190 N Van Ness AVE