1127-1139 Fulton Mall - Storefront Retail/Office FOR SALE


Fresno, CA 93721
$1,950,000 USD
559-203-5992
1127-1139 Fulton Mall, Fresno, CA for Sale
$1,950,000 USD
Storefront Retail/Office - FOR SALE
1/20
null | 3.31% Cap Rate

1127-1139 Fulton Mall
Fresno, CA 93721


HIGHLIGHTS

  • Long term tenants
  • Vacant 2nd floor and basement for additional income potential
  • Consistent foot traffic on outdoor retail mall

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$77 USD /SF

CAP RATE

3.31%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Loft/Creative Space, Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C-4

APN/PARCEL ID

466-212-03

ASK ABOUT THIS PROPERTY

Matt SempreReal BrokerMore Info
559-203-5992

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Matt SempreReal BrokerMore Info
559-203-5992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.