4848 N 1st St - Office FOR SALE


Fresno, CA 93726- Hoover
$897,000 USD
925-628-2412
4848 N 1st St, Fresno, CA for Sale
$897,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

4848 N 1st St
Fresno, CA 93726
Hoover


OVERVIEW

Fortune Associates is pleased to present an exceptional opportunity at the Fashion Fair Professional Center—4848 North First Street, Fresno, CA. Strategically positioned just south of Shaw Avenue and directly across from the high-traffic Fashion Fair Mall, this property offers outstanding visibility and access in one of Fresno's most established commercial corridors. This professional office building encompasses approximately 6,900± square feet of flexible space, well-suited for general use. With existing short-term leases in place, the asset offers significant value-add potential through lease-up, repositioning, or rent optimization—making it ideal for investors looking to enhance cash flow and long-term appreciation. Surrounded by national retailers, restaurants, and service providers, the property is anchored in a dense commercial hub with strong tenant demand and excellent surrounding amenities. This is a rare opportunity to acquire a well-located office asset with immediate upside and strategic optionality for both income and redevelopment.

FOR SALE DETAILS

PRICE

$897,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bldg B

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

5.92 AC

LAND SF

257,875 SF

ZONING

R-P

APN/PARCEL ID

427-370-01

ASK ABOUT THIS PROPERTY

Kelcee WheelerFortune AssociatesMore Info
925-628-2412

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Kelcee WheelerFortune AssociatesMore Info
925-628-2412

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