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Owner carry Retail/gated garage Loft 2/2 922 Van Ness Ave 25,250 SF Retail Building Fresno, CA 93721 $3,948,873 CAD ($156.39 CAD/SF)



Investment Highlights
- ±25,650 SF freestanding building
- Secured, gated on-site parking garage
- Upstairs loft with 2 bedroom 2 Bath(live-work or office use)
- Prime Downtown Fresno location
- Strong street frontage and visibility
Executive Summary
A rare opportunity in the heart of Fresno, this ±25,650 square foot freestanding building includes a secured, gated parking garage—an amenity that is extremely limited in the downtown market and a key driver of value. The property is currently occupied and operating as a retail pawn shop, providing immediate in-place income, while the building’s high ceilings, open floor areas, and solid construction allow for a wide range of repositioning or redevelopment options. Passive income from the parking garage is expected to offset a significant portion of the monthly mortgage, with additional revenue generated from the ground-floor retail space and a well-appointed upstairs loft featuring two bedrooms, two baths, and in-unit laundry, creating a true income-producing asset from day one. The loft also offers flexibility for live-work use, executive office, creative studio, or on-site management. Seller financing is available with the owner carrying approximately $1.4 million at a fixed 5.2% interest rate through 2045, offering attractive leverage in today’s market. This property is well suited for retail, office, showroom, entertainment, or mixed-use redevelopment, combining scale, parking, and income potential in a way that is rarely available in Downtown Fresno.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
25,250 SF
Building Class
C
Year Built
1960
Price
$3,948,873 CAD
Price Per SF
$156.39 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.97
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
DTC - DTC- Downtown commercial
Parking
43 Spaces (6.48 Spaces per 1,000 SF Leased)
Frontage
70’ on Van Ness Ave
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 468-251-14 | Improvements Assessment | $2,186,251 CAD |
| Land Assessment | $538,049 CAD | Total Assessment | $2,724,300 CAD |
Property Taxes
Parcel Number
468-251-14
Land Assessment
$538,049 CAD
Improvements Assessment
$2,186,251 CAD
Total Assessment
$2,724,300 CAD
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Owner carry Retail/gated garage Loft 2/2 | 922 Van Ness Ave
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