190 N Van Ness Ave - Medical FOR SALE


Fresno, CA 93701- Lowell
$599,900 USD
760-987-5332
190 N Van Ness Ave, Fresno, CA for Sale
$599,900 USD
Medical - FOR SALE
1/22
null | 6.7% Cap Rate

190 N Van Ness Ave
Fresno, CA 93701
Lowell


HIGHLIGHTS

  • Fenced on-site parking lot
  • Turnkey investment opportunity
  • Ideal for an owner-operator looking to offset office overhead with investment income
  • Owned rooftop solar system, permanent reduction in operating costs
  • Prime Downtown Fresno corner location at Van Ness & Nevada Avenues.

OVERVIEW

190 N Van Ness Avenue (“190 Van Ness Professional Office Suites”) is a multi-tenant office building situated on the corner of Van Ness and Nevada Avenues in the heart of Downtown Fresno, in close proximity to Community Regional Medical Center. The asset is configured as twelve individual office suites ranging from 198 to 342 SF, ideally sized for small professional users across the legal, medical, beauty, education, and professional services sectors. The building has been recently renovated (see exterior and interior photographs that follow) and features a fenced on-site parking lot and a fully owned rooftop solar system. The solar installation materially reduces utility expense under the building’s gross-lease structure. This impact is clearly reflected in the 2025 financials, where utility costs declined approximately 36% year-over-year. Currently 92% leased (11 of 12 units occupied), 190 N Van Ness offers investors a turnkey, income-producing opportunity, while providing an owner-occupier with the added benefit of offsetting ownership costs with in-place rental income.

FOR SALE DETAILS

PRICE

$599,900 USD

PRICE/SF

$160 USD /SF

CAP RATE

6.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

NMX & RS-5

APN/PARCEL ID

459-311-02,459-311-25

ASK ABOUT THIS PROPERTY

Jeffrey KimColliersMore Info
760-987-5332

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Jeffrey KimColliersMore Info
760-987-5332

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.