87 E Olive Ave - Loft/Creative Space FOR SALE


Fresno, CA 93728- Tower District
$700,000 USD
559-213-5368
87 E Olive Ave, Fresno, CA for Sale
$700,000 USD
Loft/Creative Space - FOR SALE
1/21
null | 5.59% Cap Rate

87 E Olive Ave
Fresno, CA 93728
Tower District


HIGHLIGHTS

  • Stable Rental Income – The multi-tenant structure provides diversified revenue streams, reducing risk while maintaining steady cash flow.
  • High Demand Office Spaces – Ideal for professionals, startups, and small businesses looking for well-located and affordable office solutions.
  • Value-Add Opportunity – Significant potential to increase rental rates, enhance amenities, or modernize the property to maximize returns.
  • Strategic Location – Positioned in a high-traffic commercial district, ensuring strong tenant demand and occupancy stability.
  • Low Maintenance & Efficient Layout – The well-maintained property offers flexible office configurations with minimal upkeep required.

OVERVIEW

Seize this exceptional investment opportunity—a fully leased, income-producing office building featuring 11 individual office units in a prime commercial location. With 2,940 sq. ft. of rentable space, this property is a versatile asset ideal for investors seeking consistent cash flow and future upside potential.

FOR SALE DETAILS

PRICE

$700,000 USD

PRICE/SF

$238 USD /SF

CAP RATE

5.59%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Medical, Office/Residential, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,950 SF

ZONING

CMS

APN/PARCEL ID

450-172-11

ASK ABOUT THIS PROPERTY

Yusef MijalliGentile CommercialMore Info
559-213-5368

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Yusef MijalliGentile CommercialMore Info
559-213-5368

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