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Troy A. McKenney Senior Vice President - Investment Division 559.447.6277 - [email protected] CA BRE #00952671 For Additional Information Please Contact: HIGHLIGHTS 15 On-site Stalls and Additional Parking Lot Near the Building, a Rarity in Downtown Fresno Easy Access to Highway 99 and Freeways 41 & 168 Excellent Exposure to Both Street Traffic and Pedestrians Upside Potential Due to Continued Downtown Revitalization Seller May Consider Leasing Back the 1st Floor of the Building Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal. www.ngpearson.com FRESNO OFFICE: 7480 N Palm Ave Suite 101 Fresno CA 93711, T 559.432.6200 VISALIA OFFICE: 3447 S Demaree St Visalia CA 93277, T 559.732.7300 Independently Owned and Operated 1250 Van Ness Avenue - Fresno, California AVAILABLE FOR SALE SEC of Van Ness Avenue and Merced Street

AVAILABLE FOR SALE - LoopNet...DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 17,808 18,196 $30,255 73,262 74,695 $36,033 142,459 145,459 $38,863 Population Estimated 2015 Population Projection

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Page 1: AVAILABLE FOR SALE - LoopNet...DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 17,808 18,196 $30,255 73,262 74,695 $36,033 142,459 145,459 $38,863 Population Estimated 2015 Population Projection

Troy A. McKenneySenior Vice President - Investment Division559.447.6277 - [email protected] CA BRE #00952671

For Additional Information Please Contact:

H I G H L I G H T S

♦ 15 On-site Stalls and Additional Parking Lot Near the Building, a Rarity in Downtown Fresno

♦ Easy Access to Highway 99 and Freeways 41 & 168

♦ Excellent Exposure to Both Street Traffic and Pedestrians

♦ Upside Potential Due to Continued Downtown Revitalization

♦ Seller May Consider Leasing Back the 1st Floor of the Building

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

www.ngpearson.comFRESNO OFFICE: 7480 N Palm Ave Suite 101 Fresno CA 93711, T 559.432.6200 VISALIA OFFICE: 3447 S Demaree St Visalia CA 93277, T 559.732.7300

Independently Owned and Operated

1250 Van Ness Avenue - Fresno, California

AVAILABLE FOR SALESEC of Van Ness Avenue and Merced Street

Page 2: AVAILABLE FOR SALE - LoopNet...DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 17,808 18,196 $30,255 73,262 74,695 $36,033 142,459 145,459 $38,863 Population Estimated 2015 Population Projection

PR

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P RO P E RT Y I N F O R M AT I O N

LO C AT I O N D E S C R I P T I O N

This well maintained 2 story building is currently occupied by Fresno County Federal Credit Union. The property is zoned C-4, City of Fresno, accommodating multiple uses such as a bank, call center, retail sales, or general office. Included with the sale of the building is a .43± acre parking lot located at the NEC of Merced and ‘L’ Street. Seller may consider leasing back the 1st floor of the building.

Lot Size(s): 0.60± Acres (lot with building) 0.43± Acres (additional land, paved parking lot)

Building SF: TOTAL: 20,090± SF Ground Floor: 9,020± SF Second Floor: 11,070± SF

APN(s): 466-152-11 (building) 466-115-15 (paved parking lot)

Year Built: 1974

Zoning: C-4 – General Commercial

Purchase Price: $2,500,000.00 ($124.00 per SF)

Terms: Cash or terms acceptable to seller

The immediate area surrounding the property is Downtown Fresno, which offers the historic Fulton Mallfor shopping and dinning, sports and entertainment at Chuckcansi Park, and history and arts at the Met. The revitalization of Downtown Fresno has gained much attention and resources in the recent years. Neighboring businesses include: Wells Fargo Bank, Bank of the West, Holiday Inn and Longs Drugs. The property is also located within Fresno’s Enterprise, Empowerment, Hub and Municipal Restoration Zones, offering business owners many advantages from new employee hiring credits to refunds on business license fees.

99

41180

4141

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

www.ngpearson.comFRESNO OFFICE: 7480 N Palm Ave Suite 101 Fresno CA 93711, T 559.432.6200 VISALIA OFFICE: 3447 S Demaree St Visalia CA 93277, T 559.732.7300

Independently Owned and Operated

AVAILABLE FOR SALE1250 Van Ness Avenue - Fresno, CA

Page 3: AVAILABLE FOR SALE - LoopNet...DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 17,808 18,196 $30,255 73,262 74,695 $36,033 142,459 145,459 $38,863 Population Estimated 2015 Population Projection

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LA

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G RO U N D F LO O R | 9 , 0 2 0 ± S F

S E C O N D F LO O R | 1 1 , 0 7 0 ± S F

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

www.ngpearson.comFRESNO OFFICE: 7480 N Palm Ave Suite 101 Fresno CA 93711, T 559.432.6200 VISALIA OFFICE: 3447 S Demaree St Visalia CA 93277, T 559.732.7300

Independently Owned and Operated

AVAILABLE FOR SALESEC of Van Ness Avenue and Merced Street

Page 4: AVAILABLE FOR SALE - LoopNet...DEMOGRAPHICS 1 MILE 2 MILES 3 MILES 17,808 18,196 $30,255 73,262 74,695 $36,033 142,459 145,459 $38,863 Population Estimated 2015 Population Projection

ParkingLot

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CA

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ET

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FRESNO S

TREET

MERCED S

TREET

VAN

NESS AV

ENU

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‘H’ STR

EET

STANISLAUS STREET

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‘N’ STR

EET‘M’ STR

EET‘O

’ STREET

IncludedParking Lot

A E R I A L M A P

PA RC E L M A P

Troy A. McKenneySenior Vice President - Investment Division559.447.6277 - [email protected] CA BRE #00952671

For Additional Information Please Contact:

D E M O G R A P H I C S 1 MILE 2 MILES 3 MILES

17,80818,196

$30,255

73,26274,695

$36,033

142,459145,459$38,863

Population Estimated 2015Population Projection 2020Average HH Income 2015

Source: AnySite 2015

Procuring broker shall only be entitled to a commission, calculated in accordance with the rates approved by our principal only if such procuring broker executes a brokerage agreement acceptable to us and our principal and the conditions as set forth in the brokerage agreement are fully and unconditionally satisfied. Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

www.ngpearson.comFRESNO OFFICE: 7480 N Palm Ave Suite 101 Fresno CA 93711, T 559.432.6200 VISALIA OFFICE: 3447 S Demaree St Visalia CA 93277, T 559.732.7300

Independently Owned and Operated

AVAILABLE FOR SALE1250 Van Ness Avenue - Fresno, CA