1. California
2. Fresno
3. 373 N Fresno Street

373 N Fresno Street, Fresno, CA 93701

• 6 beds
• 7,319 sqft

Property Description

PRICE REDUCED! For sale is a heritage-designated mixed-use property (Paul A. Christenson Building), a rare chance to own a piece of Fresno's architectural history. The building is +/- 7,319 SF with five total units, featuring three commercial spaces on the ground floor and two 3-bedroom, 1-bath apartments above. There is a gated parking lot. The property showcases beautiful original architectural details: exposed brick, oak flooring, custom windows, and crown molding. The property is close to the Tower District, Downtown Fresno, Community Regional Medical Center, and Yokomi Elementary School. It's also near a bus route & Fwy 180, with easy access to all major freeways in the area. Its central location makes it ideal for businesses, young professionals, medical employees, government employees, and families. This property offers both residential and commercial income sources. The corner commercial unit is leased under an 10-year NNN lease with 4% annual rent increases and a 5-year renewal option to renew. Renovation work has paused and the property is being sold in as-is condition. The seller completed major recent upgrades such as installing fire sprinklers, electrical, plumbing, new HVAC units, & roof repairs. The new buyer will need to complete the renovations, subject to City of Fresno and Historic Preservation committee approval. The sale includes key fixtures and appliances, which the buyer will install after close of escrow.

Listing Status:

Active

Listing Office:

Stumpf And Company : 559-222-3058

Listing Agent:

Ronald Stumpf : 559-222-3058

MLS ID:

620513

Interior

• Appliances: Refrigerator: More than One UnitDishwasher: More than One unitStove: More than One unit
• A/C: Central Heat/CoolWall/Window Unit(s)
• Heating:
• Fireplace: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Ronald Stumpf, Stumpf And Company