retail space for sale - loopnet...1229 n. blackstone ave. fresno, california 93703 property...

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41 180 BLACKSTONE AVE BLACKSTONE AVE OLIVE AVE OLIVE AVE Downtown Downtown Fresno Fresno Retail Space For Sale 1229 N. Blackstone Ave. Fresno, California 93703 Property Highlights > 3 semi-demised suites which can be opened up to create one large space (will need to consult structural engineer) > Great visibility and freeway access > Landlord open to all offers, will consider trade or leaseback > Great space and location for an Owner/Operator SHANE RICHARDSON 559 256 2444 [email protected] License No. 02041774 FOR SALE | $299,995 MICHAEL SCHUH 559 256 2449 [email protected] License No. 01195311

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Page 1: Retail Space For Sale - LoopNet...1229 N. Blackstone Ave. Fresno, California 93703 Property Highlights > 3 semi-demised suites which can be opened up to create one large space (will

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BLACKSTONE AVE

BLACKSTONE AVE

OLIVE AVE

OLIVE AVE

DowntownDowntownFresnoFresno

Retail Space For Sale

1229 N. Blackstone Ave.

Fresno, California 93703

Property Highlights > 3 semi-demised suites which can be opened up to create one large space (will need to consult structural engineer)

> Great visibility and freeway access

> Landlord open to all off ers, will consider trade or leaseback

> Great space and location for an Owner/Operator

SHANE RICHARDSON

559 256 [email protected] No. 02041774

FOR SALE | $299,995

MICHAEL SCHUH

559 256 [email protected] No. 01195311

Page 2: Retail Space For Sale - LoopNet...1229 N. Blackstone Ave. Fresno, California 93703 Property Highlights > 3 semi-demised suites which can be opened up to create one large space (will

COLLIERS INTERNATIONAL

7485 N. Palm Ave., #110Fresno, California 93711559 221 1271www.colliers.com/fresno

This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved.

Contact Us

MICHAEL SCHUH

559 256 [email protected] No. 01195311

FOR SALE > $299,995

Site Plan

SHANE RICHARDSON

559 256 [email protected] No. 02041774

Address: 1229 N. Blackstone Avenue, Fresno, CA 93703

APN: 451-285-07

Location: NWQ Blackstone and Olive Avenues

Lot Area: 7,800 square feet

Building Area: 4,336 square feet

Parking: Secured, rear of building

Zoning: NMX - Neighborhood Mixed Use

Features:

3 phase HVAC McDonald’sUpdated interior electrical Newer roof2 separate electric meters Full glass front windows ADA bathroom (x2)Across from Rite Aid andGated parkingIn Opportunity Zone

Construction: Block side walls with wood framed ceiling and roof

Traffi c Count:N. Blackstone Ave. 10,241 ADT

E. Olive Ave. 9,385 ADT

Financing: Seller may carry or lease back

Price Per Square Foot: $74.83 - Well below replacement cost

CAP Rate: ±8.10% - with Seller leaseback for 1 year with (4) 1-year options at $0.65 psf, Gross