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2818 E Olive Ave 3,000 SF Specialty Building Offered at $550,756 CAD at a 7.50% Cap Rate in Fresno, CA 93701

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INVESTMENT HIGHLIGHTS

  • 100% occupied for immediate returns and value-add potential.
  • Includes private offices, auditorium, kitchen/dining area, and large parking lot.
  • Prime corner lot with downtown amenities and easy access to major freeways.
  • Flexible CG zoning allows a wide range of commercial uses.

EXECUTIVE SUMMARY

2818 E. Olive Avenue is a 100% occupied, turnkey opportunity ideal for investors or owner-users seeking a functional office, administrative, or community-oriented facility near the heart of Downtown Fresno. This 3,000± sq. ft. stand-alone building features private offices, an auditorium, a kitchen/dining area, and a large parking lot. Recent improvements include new HVAC, updated restrooms, and a shower.
The property is positioned near Downtown Fresno’s major redevelopment areas, benefiting from the ongoing growth and revitalization of the urban core. With the residential population projected to increase from 3,000 to 10,000, the location provides expanding opportunities to serve a growing community and support mission-driven or service-based operations. Its central location also places it within minutes of the Tower District, Fulton District, and Brewery District.
The surrounding area includes more than 40,000 government, medical, administrative, and creative professionals employed at institutions such as Fresno City Hall, the Federal Courthouse, Community Regional Medical Center, and Fresno City College. This concentration of workers, students, and nearby residents supports organizations that rely on accessibility and convenient regional reach. With its central location, flexible infrastructure, and established occupancy, 2818 E. Olive Avenue presents an excellent opportunity for investors or owner-users to participate in Fresno’s most actively evolving corridors.

PROPERTY FACTS

Price $550,756 CAD
Price Per SF $183.59 CAD
Sale Type Investment
Cap Rate 7.50%
Property Type Specialty
Property Subtype Religious Facility
Building Class C
Lot Size 0.34 AC
Building Size 3,000 SF
No. Stories 1
Year Built 1990
Parking Ratio 5/1,000 SF
Opportunity Zone Yes
Zoning CG

AMENITIES

  • Signage
Walk Score®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
452-083-01
Land Assessment
$128,926 CAD
Improvements Assessment
$222,040 CAD
Total Assessment
$350,966 CAD
  • Listing ID: 38733657

  • Date on Market: 2025-12-10

  • Last Updated:

  • Address: 2818 E Olive Ave, Fresno, CA 93701

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