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.