Freestanding Building Plus Corner Parking Lot | 1327 N St
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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.
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) |
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Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
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) | |
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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
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Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (93)
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $731,943 CAD (2023) | |
Land Assessment | $208,625 CAD (2023) | Total Assessment | $940,568 CAD (2023) |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$208,625 CAD (2023)
Improvements Assessment
$731,943 CAD (2023)
Total Assessment
$940,568 CAD (2023)
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Freestanding Building Plus Corner Parking Lot | 1327 N St
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