190 Van Ness Avenue N Fresno, CA 93701
Office
MLS #: 620171
Courtesy Of Realty Concepts Ltd
Property InformationDescription
190 Van Ness Professional Office Suites is a 12 individual unit single story office building ideally located in Downtown Fresno. It is well positioned with upside potential. Current pricing reflects a 6.65 Cap Rate. Rents per square foot have risen dramatically since April 2023 when the property was able to be leased. Rents are expected to continue to rise quickly due to a lack of individual office suites in this area. With no rent control on office space, future rent increases can be raised according to market rents and are not subject to incremental rent raises. This property is fully ADA compliant. The 190 Van Ness Professional Office Suites were completely remodeled in early 2023 with fully owned solar added in August 2024. Ideal tenants include esthetician and beauty services, barbers and salons, therapists, tech services, e-commerce, legal services, notary's, insurance services, realtors, and more. Contact your agent or the listing agent for the property brochure, rent roll and detailed financials. Showings available.
Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- MLSID: 620171
- Roof Type: Flat
- Rooms: Bathroom 2
- Rooms: Bathroom 1
MAP & DIRECTIONS
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