Office/Retail Space Available + Existing Income

2971 N Maroa Ave Fresno, CA 93704

2971 N Maroa Ave, Fresno, CA, 93704
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$675,000
Last Verified:
Sep 25, 2024

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Highlights

  • (4) Office Suites - Can Be Divided/Combined
  • (54) Parking Spaces + 129' Of Street Parking/Frontage
  • Excellent SBA Loan Candidate w/ Built In Passive Income
  • Upside in Leasing Potential or Owner/User + Passive Income
  • Rent Growth Of Under-Market Remaining Units
  • Long-Term Tenants | Low Turnover | Low Maintenance
  • Quality Construction | Well Maintained | Economical Spaces
  • Functional Hard To Find Small Spaces | Easy To Rent
  • Requires Little Management or Maintenance
  • Easy Access | Separate Offices | Multiple Configurations
  • Separately Metered Building ~ Multiple Configurations Available
  • Private Offices, Open Rooms, Multiple Entrance Points
  • Ethernet/Phone Connections & High Speed Internet Ready
  • Secure, Private, Established Location w/ Quality Tenant Mix
  • Ample Private Parking Lot on all sides of the Building
  • Convenient Location Off CA-41
  • Excellent Maroa Presence Surrounded with Quality Tenants

Description

±8,291 SF freestanding efficient office/retail building located in Central Fresno offering an excellent SBA owner/user opportunity. One Freestanding building offering (4) separately metered offices with various configurations/sizes. #2965 of 2,850 SF is leased MTM to Studio 65 Let's Dance; #2975 of 1,224 SF is open floor plan. #2977 is a 1,224 SF of open room, reception area, large open rear room with kitchenette, one restroom; #2923 of 2,890 SF is wide open with 2 conference-sized rooms and 1 ADA restroom. Value-add investor or owner-user opportunity with easy-to-rent small office spaces within an under-built market offering a strong need for these type of spaces. All units have high speed Fiber Optic Lines/Internet, secure entrances, various access points from Maroa Ave, newer monument sign, and abundant parking. There are 54 parking spaces (2 ADA), and 4 spaces on the side of the building providing ample parking. This building is setback, which provides excellent visibility, and LED parking lights. Convenient location, visibility, and access.

Freestanding office building Strategically located off CA-41 and E Shields Ave. Location is at the intersection of E Shields Ave & N Maroa Ave. Just North of E Clinton Ave, East of N Wishon Ave, West of N College Ave and South of E Shields Ave. Centrally located to all major freeways.

Fresno is a city in and the county seat of Fresno County, California, United States. It covers about 112 square miles (290 km2)[12] in the center of the San Joaquin Valley, the southern portion of California's Central Valley.
Named for the abundant ash trees lining the San Joaquin River, Fresno was founded in 1872 as a railway station of the Central Pacific Railroad before it was incorporated in 1885. The city has since become an economic hub of Fresno County and the San Joaquin Valley, with much of the surrounding areas in the Metropolitan Fresno region predominantly tied to large-scale agricultural production.
The population of Fresno grew from 134,000 in 1960 to 428,000 in 2000.[13] With a census-estimated 2018 population of 530,093,[8] Fresno is the fifth-most populous city in California, the most populous inland city in California, and the 34th-most populous city in the nation. Fresno is near the geographical center of California. It lies approximately 220 miles (350 km) north of Los Angeles, 170 miles (270 km) south of the state capital, Sacramento, and 185 miles (300 km) southeast of San Francisco. Yosemite National Park is about 60 miles (100 km) to the north, Kings Canyon National Park is 60 miles (100 km) to the east, and Sequoia National Park is 75 miles (120 km) to the southeast.


Year Built: 1968
Building Size: 8219sq ft
Building Class: B
Lot Size: 0.66 acres


Documents

Sale Brochure

Map of 2971 N Maroa Ave, Fresno, CA, 93704

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.