2561-2613 Ashlan Ave, Fresno, CA 93726

10,826 SF | 100% Leased | Retail Building | Fresno, CA 93726 | $1,300,000 ($120/SF)

Asking Price $1,300,000

Property Type
Retail
Square Feet
10,826 SF
Price / Square Foot
$120

Listing Contacts

  • Property Info

Property Overview

2561 E Ashlan Ave in Fresno is a commercial strip center with excellent upside for income growth. Located in close proximity to the entrance of Highway 41, and is surrounded by busy retail centers and residential neighborhoods, ensuring plenty of potential customers for the property’s tenants. Easy access and lots of parking make shopping here convenient for this community.
- Great for an owner-user or investors seeking a Fresno location with significant upside potential in a vibrant community.
- With excellent proximity to Highway 41, and located 850 feet from its exit in the Hoover neighborhood of Fresno, this high- visibility seven unit strip center is ideally positioned for its tenants to provide needed services for the surrounding residential neighborhood.
- With most tenants currently on month-to-month gross leases, this property provides an opportunity for a savvy investor to add value to this property by renegotiating leases on day one.
- Low retail vacancy rates in this Fresno submarket are at only 4%
- The property has plenty of parking in the front lot, as well as space for employee parking at the rear of the building.
With a driveway on each side of the building, cars and trucks have easy access to the back for unloading goods.
- 1,850 SF can be delivered vacant, as two units are in use by the building's property manager who pays no rent. This tenant has agreed to vacate at sale of property.
- Roof was replaced in 2021 and has a 20-year warranty
- Possible seller financing

Property Details

Class
C
Year Built
1968
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
43,124 SF

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