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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. FRESNO OFFICE 7480 N Palm Ave #101 Fresno CA 93711 559.432.6200 VISALIA OFFICE 3447 S Demaree St Visalia CA 93277 559.732.7300 www.newmarkpearson.com Independently Owned and Operated For Additional Information Please Contact: Ethan Smith, SIOR, CCIM Senior Vice President - Industrial Division 559.447.6256 [email protected] CA DRE #01395349 Total Building Size: 40,630± SF (per Fresno County Assessor) Asking Price: $1,350,000 $1,000,000 Parcel Number: 433-070-65 Designated Zoning: Downtown Neighborhood Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity Zone: Yes Multi-building property in Downtown Fresno’s Mural District. The property is an entire block and totals 40,630± SF on 1.26± acres. Property consists of six separate buildings and a parking lot. Currently, one building is leased on a month-to-month basis. The property is currently zoned IL (Light Industrial) and designated for Downtown Neighborhood. Excellent redevelopment opportunity that is located in the Opportunity Zone, which may offer significant tax benefits for investing in the property. PROPERTY INFORMATION PROPERTY DESCRIPTION H STREET AVAILABLE FOR SALE MULTI-BUILDING PROPERTY NEAR MURAL DISTRICT 1600-1650 H Street - Fresno, California

Multi-building property near Mural diStriCt AVAILABLe FOr SALe · 2020-06-10 · Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity

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Page 1: Multi-building property near Mural diStriCt AVAILABLe FOr SALe · 2020-06-10 · Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity

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.

FRESNO OFFICE 7480 N Palm Ave #101 Fresno CA 93711 559.432.6200

VISALIA OFFICE 3447 S Demaree St Visalia CA 93277 559.732.7300

www.newmarkpearson.comIndependently Owned and Operated

For Additional Information Please Contact:

Ethan Smith, SIOR, CCIMSenior Vice President - Industrial [email protected] DRE #01395349

Total Building Size: 40,630± SF(per Fresno County Assessor)

Asking Price: $1,350,000 $1,000,000

Parcel Number: 433-070-65

Designated Zoning: Downtown Neighborhood

Ceiling Height: Varied Height

Construction Type: Brick

Parking: Off-street lot and on-street

Opportunity Zone: Yes

Multi-building property in Downtown Fresno’s Mural District. The property is an entire block and totals 40,630± SF on 1.26± acres. Property consists of six separate buildings and a parking lot. Currently, one building is leased on a month-to-month basis. The property is currently zoned IL (Light Industrial) and designated for Downtown Neighborhood. Excellent redevelopment opportunity that is located in the Opportunity Zone, which may offer significant tax benefits for investing in the property.

ProPertY information

ProPertY DescriPtionH S t r e e t

AVAILABLe FOr SALeMulti-building property near Mural diStriCt

1600-1650 H Street - Fresno, California

Page 2: Multi-building property near Mural diStriCt AVAILABLe FOr SALe · 2020-06-10 · Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity

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.

FRESNO OFFICE 7480 N Palm Ave #101 Fresno CA 93711 559.432.6200

VISALIA OFFICE 3447 S Demaree St Visalia CA 93277 559.732.7300

www.newmarkpearson.comIndependently Owned and Operated

aerial maP

41

* SF may differ from Fresno County Assessor. Buyer to verify.

BuildingABCDEFG

Address1650 H Street1640 H Street1636 H Street

Lot1612 H Street 1610 H Street1600 H Street

SF10,000±7,800±6,912±

10,000±6,500±4,104±6,500±

OccupancyVacantVacant

Month-to-monthMonth-to-month

VacantVacantVacant

A B C E F G

D

H S t r e e t

B r O A d w A y S t r e e t

S An

JO

Aq

uI n

St e e t

CA

L AV

e rA

S St

re e t

AVAILABLe FOr SALe1600-1650 H Street - FreSno, Ca

Page 3: Multi-building property near Mural diStriCt AVAILABLe FOr SALe · 2020-06-10 · Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity

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.

FRESNO OFFICE 7480 N Palm Ave #101 Fresno CA 93711 559.432.6200

VISALIA OFFICE 3447 S Demaree St Visalia CA 93277 559.732.7300

www.newmarkpearson.comIndependently Owned and Operated

aerial maP

location DescriPtionProperty is an entire block in Downtown Fresno on H Street between Calaveras and San Joaquin Streets. Property is near the Cultural Arts Districts and hundreds of new apartments.

F r e S n O St r e e t

d I V I S A d e r O S t r e e t

H S

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e e t

ProPertY Details

99

41

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Opportunity Zone1600 H Street is located in an Opportunity Zone, which may allow for significant tax benefits to an investor that redevelops the property. More information about Opportunity Zones can be found at:https://opzones.ca.gov/

NeighborhoodThe property is located in Downtown Fresno in the Mural District, which is a burgeoning mixed-use development that has been transformed by the construction of over 400 apartments in the last 10 years. After spending over $20M the newly re-opened Fulton St. is a few blocks away and offers many entertainment and dining options. Large em-ployers in the vicinity include Community Regional Medical Center, State of California, County of Fresno, City of Fresno, IRS and numerous law firms and professional services.

For Additional Information Please Contact:

Ethan Smith, SIOR, CCIMSenior Vice President - Industrial [email protected] DRE #01395349

AVAILABLe FOr SALe1600-1650 H Street - FreSno, Ca

Page 4: Multi-building property near Mural diStriCt AVAILABLe FOr SALe · 2020-06-10 · Ceiling Height: Varied Height Construction Type: Brick Parking: Off-street lot and on-street Opportunity

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.

FRESNO OFFICE 7480 N Palm Ave #101 Fresno CA 93711 559.432.6200

VISALIA OFFICE 3447 S Demaree St Visalia CA 93277 559.732.7300

www.newmarkpearson.comIndependently Owned and Operated

ProPertY Photos

AVAILABLe FOr SALe1600-1650 H Street - FreSno, Ca