373 N Fresno ST Active Save Request In-Person Tour Request Virtual Tour
Fresno,CA 93701
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,319 sqft
Price per Sqft $99
MLS Listing ID 620513
Bedrooms 6
Full Baths 5
HOA Y/N No
Year Built 1920
Lot Size 9,962 Sqft
Property Description
PRICE REDUCED! For sale is a heritage-designated mixed-use property (Paul A. Christenson Building), a rare chance to own a piece of Fresno's architectural history. The building is +/- 7,319 SF with five total units, featuring three commercial spaces on the ground floor and two 3-bedroom, 1-bath apartments above. There is a gated parking lot. The property showcases beautiful original architectural details: exposed brick, oak flooring, custom windows, and crown molding. The property is close to the Tower District, Downtown Fresno, Community Regional Medical Center, and Yokomi Elementary School. It's also near a bus route & Fwy 180, with easy access to all major freeways in the area. Its central location makes it ideal for businesses, young professionals, medical employees, government employees, and families. This property offers both residential and commercial income sources. The corner commercial unit is leased under an 10-year NNN lease with 4% annual rent increases and a 5-year renewal option to renew. Renovation work has paused and the property is being sold in as-is condition. The seller completed major recent upgrades such as installing fire sprinklers, electrical, plumbing, new HVAC units, & roof repairs. The new buyer will need to complete the renovations, subject to City of Fresno and Historic Preservation committee approval. The sale includes key fixtures and appliances, which the buyer will install after close of escrow.
Location
State CA
County Fresno
Interior
Cooling Central Heat/Cool,Wall/Window Unit(s)
Fireplaces Type None
Appliance Refrigerator: More than One Unit,Dishwasher: More than One unit,Stove: More than One unit
Exterior
Parking Features More than One Space
Utilities Available Public Utilities
Roof Type Rolled/Hot Mop
Building
Lot Description Urban,Corner Lot,Cul-De-Sac
Story 2
Foundation Concrete Perimeter,Wood Subfloor
Sewer Public Sewer
Water Public
Schools
High Schools Fresno Unified