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4824 N 1st St
Fresno, CA 93726
Bldg D · Office Property For Sale
Executive Summary
Fortune Associates is pleased to offer a fully leased professional office building located within the Fashion Fair Professional Center at 4824 North First Street in Fresno, CA. Situated just south of Shaw Avenue and directly across from Fashion Fair Mall, the property enjoys excellent visibility and accessibility in one of Fresno's most vibrant and established commercial corridors.
This 5,400± square foot building is occupied and features general office space, providing immediate in-place income. With existing leases in place, this offering is ideal for investors seeking stable cash flow from a well-located asset. Alternatively, the property presents a strategic opportunity for an owner/user to occupy all or part of the building in the future as leases expire.
Surrounded by national retailers, restaurants, and essential services, the property is positioned in a high-demand area with strong fundamentals. Whether you're seeking reliable rental income or planning for future owner-occupancy, this asset delivers both flexibility and long-term upside in the heart of Fresno.
This 5,400± square foot building is occupied and features general office space, providing immediate in-place income. With existing leases in place, this offering is ideal for investors seeking stable cash flow from a well-located asset. Alternatively, the property presents a strategic opportunity for an owner/user to occupy all or part of the building in the future as leases expire.
Surrounded by national retailers, restaurants, and essential services, the property is positioned in a high-demand area with strong fundamentals. Whether you're seeking reliable rental income or planning for future owner-occupancy, this asset delivers both flexibility and long-term upside in the heart of Fresno.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
5,400 SF
Building Class
C
Year Built
1978
Price
$976,973 CAD
Price Per SF
$180.92 CAD
Cap Rate
6.67%
NOI
$65,186 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,400 SF
Slab To Slab
9’
Building FAR
0.26
Lot Size
0.48 AC
Zoning
R-P
Parking
30 Spaces (5.55 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
Property Taxes
| Parcel Numbers | Improvements Assessment | $5,163,853 CAD | |
| Land Assessment | $1,157,190 CAD | Total Assessment | $6,321,043 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,157,190 CAD
Improvements Assessment
$5,163,853 CAD
Total Assessment
$6,321,043 CAD
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