$1,950,000
1127 Fulton Street Fresno, CA 93721
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$1,950,000
Est. payment /mo
25,345 SqFt
Active
1127 Fulton Street Fresno, CA 93721
UPDATED:
10/29/2024 07:46 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 25,345 sqft
Price per Sqft $76
MLS Listing ID 615647
Year Built 1948
Lot Size 0.344 Acres
Property Description
An exceptional investment opportunity in Fresno's historic Fulton Mall District: a multi-tenant retail building. Prime location, diverse mix of retail, potential office spaces promising substantial return on investment. Property features adjacent retail units hosting Lili's Flowers, Madness Thrift, Discoteca Del Valle, Fulton Mini Mart, and Taqueria El Guero restaurant, ensuring steady foot traffic.1127 Fulton Street offers a compelling 2 story structure with existing tenant-occupied units on ground floor and spacious 3,750 square feet basement. Upstairs, a versatile 6,775 square foot area awaits conversion as office/retail space. With a 20+ year history of same ownership, this property offers below-market rents, presenting significant upside potential. Positioned minutes from the proposed High Speed Rail Hub, recently renovated Chukchansi Park baseball stadium, Fresno County courthouse and other government buildings, the property enjoys unparalleled connectivity to the community. Strategically located a short distance from the construction of the International Terminal at Fresno Yosemite International Airport and the modernization of Fresno State's athletic facilities, investors benefit from the anticipated increase in foot traffic and economic growth in the Central Valley. Don't miss out on this prime investment in one of Fresno's most dynamic commercial districts poised for growth. Buyer to participate in 1031 Exchange at No Cost to Buyer.
Location
State CA
County Fresno
Area 721
Zoning DTC
Interior
Heating Central Air
Cooling Central Air
Exterior
Exterior Feature Brick/Block, Stucco, Wood
Garage Street, Public Garage
Roof Type Flat
Parking Type Street, Public Garage
Building
Story Two, Basement
Sewer City Water, City Sewer, Gas Available
Water City Water, City Sewer, Gas Available
Others
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Special Listing Condition 1031 Exchange
Listed by Rufi Alday • Real Broker
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