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$ 964,500
Est. payment /mo
Active
30 E Minarets AVE Pinedale, CA 93650
7 Baths
7,586 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,586 sqft
Price per Sqft $127
MLS Listing ID 633055
HOA Y/N No
Year Built 1959
Lot Size 0.442 Acres
Property Sub-Type Commercial
Property Description
High-Upside CMX Investment Opportunity in a Prime Fresno Location Near River Park This is a rare opportunity to acquire a cash-flowing commercial asset with substantial value-add and redevelopment potential in one of Fresno's most sought-after commercial corridors. Strategically located adjacent to River Park Shopping Center, Costco, and Home Depot, this property benefits from exceptional visibility, high daily traffic volume, and strong surrounding demographics. The property features two well-maintained buildings with recent capital improvements, including new roofs, two new HVAC units, and multiple remodeled office interiors. All suites are separately metered, with tenants covering their own utilities. Several tenants are currently on month-to-month leases at below-market rents, creating an immediate value-add opportunity through lease restructuring. Vacant suites offer additional potential for increased cash flow or owner-user use. Zoned CMX (Corridor/Center Mixed Use), the property supports a wide range of usesincluding office, retail, medical, restaurant, and multifamily (up to 16 units per acre)*. This zoning allows flexibility for future redevelopment into a higher and better use. (*Per the City of Fresno's latest Zoning Ordinance. Buyer to verify feasibility of conforming uses.) Due diligence items completed and available upon request.
Location
State CA
County Fresno
Zoning CMX
Interior
Interior Features Storage
Cooling Central Heat/Cool
Flooring Laminate
Exterior
Parking Features Over 21 Spaces
Utilities Available Phone Available, Individual Gas
Roof Type Flat,Tile
Building
Lot Description Airport 6+ Miles, Urban, Major Arteries, Total Parcel Only
Story 1
Sewer Public Sewer
Water Public
Listed by Kevin M Evaro Iron Key Real Estate