An exceptional investment opportunity in Fresno’s historic Fulton Mall District: a multi-tenant retail building. Prime location, diverse mix of retail, potential office spaces promising substantial return on investment. Property features adjacent retail units hosting Lili’s Flowers, Madness Thrift, Discoteca Del Valle, Fulton Mini Mart, and Taqueria El Guero restaurant, ensuring steady foot traffic.1127 Fulton Street offers a compelling 2 story structure with existing tenant-occupied units on ground floor and spacious 3,750 square feet basement. Upstairs, a versatile 6,775 square foot area awaits conversion as office/retail space. With a 20+ year history of same ownership, this property offers below-market rents, presenting significant upside potential. Positioned minutes from the proposed High Speed Rail Hub, recently renovated Chukchansi Park baseball stadium, Fresno County courthouse and other government buildings, the property enjoys unparalleled connectivity to the community. Strategically located a short distance from the construction of the International Terminal at Fresno Yosemite International Airport and the modernization of Fresno State’s athletic facilities, investors benefit from the anticipated increase in foot traffic and economic growth in the Central Valley. Don’t miss out on this prime investment in one of Fresno’s most dynamic commercial districts poised for growth. Buyer to participate in 1031 Exchange at No Cost to Buyer.
Property Details
Price:
$1,950,000
MLS #:
615647
Status:
Active
Beds:
0
Baths:
0
Address:
1127 Fulton Street
Type:
Commercial
Subtype:
Retail
Neighborhood:
721
City:
Fresno
Listed Date:
Jul 12, 2024
State:
CA
Finished Sq Ft:
25,345
ZIP:
93721
Lot Size:
15,000 sqft / 0.34 acres (approx)
Year Built:
1948
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- Address1127 Fulton Street Fresno CA
- Area721
- CityFresno
- CountyFresno
- Zip Code93721
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1127 Fulton Street
Fresno, CA
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