373 N Fresno Street
Fresno, CA 93701
7319 sqft | 6 beds | 0.23 acres | #620513
Description
For sale is a heritage-designated mixed-use property (Paul A. Christenson Building), a rare chance to own a piece of Fresno's architectural history. The building is +/- 7,319 SF with five total units, featuring three commercial spaces on the ground floor and two 3-bedroom, 1-bath apartments above. There is a gated parking lot. The property showcases beautiful original architectural details: exposed brick, oak flooring, custom windows, and crown molding. The property is close to the Tower District, Downtown Fresno, Community Regional Medical Center, and Yokomi Elementary School. It's also near a bus route & Fwy 180, with easy access to all major freeways in the area. Its central location makes it ideal for businesses, young professionals, medical employees, government employees, and families. This property offers both residential and commercial income sources. The corner commercial unit is leased under an 10-year NNN lease with 4% annual rent increases and a 5-year renewal option to renew. Renovation work has paused and the property is being sold in as-is condition. The seller completed major recent upgrades such as installing fire sprinklers, electrical, plumbing, new HVAC units, & roof repairs. The new buyer will need to complete the renovations, subject to City of Fresno and Historic Preservation committee approval. The sale includes key fixtures and appliances, which the buyer will install after close of escrow.
Property Details
- AppliancesRefrigerator: More than One Unit, Dishwasher: More than One unit, Stove: More than One unit
- CoolingCentral Heat/Cool, Wall/Window Unit(s)
- Cooling FeaturesCentral Heat/Cool, Wall/Window Unit(s)
- FoundationConcrete Perimeter, Wood Subfloor
- Lot FeaturesUrban, Corner Lot, Cul-De-Sac
- Lot DescriptionUrban, Corner Lot, Cul-De-Sac
- Parking FeaturesMore than One Space
- Utility FeaturesPublic Utilities
- RoofRolled/Hot Mop
- School DistrictFresno Unified
- Sewer InformationPublic Sewer
- Property SubtypeMulti Family
- Parcel Number45917314
- Acres0.2287
- Utility SourcePublic
- CountyFresno
- MLS #620513
- Cost750000
- MLS #620513
- Square Feet7319
- Year Built1920
- Bedrooms6
- Stories2
Location
Legal
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Last Updated: . Source: FRESNOMLS
Listing Courtesy
Listing Agent: Ronald Stumpf (#4544)
Listing Office: Stumpf And Company (#790)
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