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Freestanding Building Plus Corner Parking Lot 1327 N St

9,682 SF Office Building Fresno, CA 93721 $1,912,765 CAD ($198 CAD/SF)

Investment Highlights

  • Freestanding Building
  • Fire-sprinklered
  • Corner Parking Lot

Executive Summary

UPDATE - PRICE REDUCED! For sale is a standalone building conveniently located near City Hall. This fire sprinklered property features multiple private offices, a spacious conference room, restrooms, and a break room. It is currently utilized by law offices on a month-to-month basis. Included in the sale is a large corner parking lot (approximately 30 parking stalls) is situated across from the courthouse.
Both of these properties have the potential for redevelopment, offering future income opportunities. They lie within a designated inner-city area, meaning the City of Fresno planning and development fees are reduced by 50%. They are also situated within an Opportunity Zone, increasing its possible investment incentives.
The parcels are classified as DTN zoning, Activity Class C, offering a broad spectrum of zoning possibilities, including high-density development with allowances for structures of up to 15 stories. There are no parking spaces requirements for non-residential uses and reduced parking space requirements for residential uses.
The surrounding market area is currently experiencing significant redevelopment, with downtown Fresno securing a substantial $300 million in state grants dedicated to upgrading infrastructure and supporting future development. Now is the time to invest in Downtown.
Please refrain from disturbing the current occupants.

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
9,682 SF
Building Class
C
Year Built
1978
Price
$1,912,765 CAD
Price Per SF
$198 CAD
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
9,682 SF
Building FAR
0.52
Lot Size
0.43 AC
Opportunity Zone
Yes
Zoning
DTN - Downtown Neighborhood - Activity Class C

Amenities

  • Storage Space
  • Central Heating
  • Air Conditioning
Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 466-112-04
  • 466-112-11
Land Assessment
$208,625 CAD (2023)
Improvements Assessment
$731,943 CAD (2023)
Total Assessment
$940,568 CAD (2023)
  • Listing ID: 27987524

  • Date on Market: 2023-03-15

  • Last Updated:

  • Address: 1327 N St, Fresno, CA 93721

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