Price Reduction
Address
1526 N Palm Avenue Fresno, CA
Price
$ 219,500
Property Attributes
  • MLS#498351
  • TypeCommercial
  • CountyFRESNO
  • CityFresno
  • Area728
  • Zip93728
  • StyleRetail Store,Shop - Neighborhood,Shop - Commercial
  • Price$ 219,500
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2262
  • Lot Size6,098 SqFt
Listing Provided Courtesy Of:
Coldwell Banker Premier R.E
Property Description

Seller Motivated, Bring All Offers! An opportunity to own a single property with a commercial store front on Palm and a residential home behind on Ferger. 1526 N Palm is block wall construction, has a showroom, back office/storage, and bathroom complete with shower. Central heat and cool, and currently gets $850 per month base rent, NNN lease where tenant pays (reimbursement) for property taxes and insurance. (Lease term is 10/1/17-9/30/2020) The 3 bedroom 1 bathroom home behind the commercial building is on 1533 N Ferger, has central heating and cooling, laundry room inside, and gets $1,100 per month rent (month to month lease), and there is room for a $100/month increase. Each unit has its own PGE meter. A great opportunity to diversify and have one property producing both residential and commercial rental income. Total annual net income is $22,878, 10% CAP! Seller would prefer to bulk sale this property with 725 N Fresno Street, if possible. PLEASE DO NOT DISTURB TENANTS

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
3/5/2018 Listed $259,000
3/21/2018 4% - $249,000
5/7/2018 5% - $239,000
5/22/2018 6% - $225,900
7/23/2018 3% - $219,500

General Features

Access Interstate, Freeway, City Street, Paved Road
Available Date 1800-01-01
Board Loaded No
Census Tract 0.000
Existing Loan Non-Assumable
Fips Code 19
Improvement Value 0.00
Levels One
Location Major Arteries
Misc. Inside Storage
Occupancy Net Lease, Fixed Lease
Parcelnumber 45103115
Potential Use Retail Store, Shop - Neighborhood, Shop - Commercial, Shop - Regional
Price Per Square Foot 97.04
Property SubType Retail
Property Type Commercial
REO/Bank Owned No
Sale Options Total Parcel Only
Sales Includes Building (s)
Sub Lease Expiration Date 1800-01-01T00:00:00
Tenant Pays Utilities, Taxes, Insurance, Other
Total Value 0.00
Transaction Type Sale
Validated 1
Water/sewer/gas City Water, City Sewer
Year Built 1951
Zoning Description RS-5 / CMX

Interior Features

Bathrooms 2.00
Electric Individual Meter
Flooring Concrete
Heat/Air Conditioning Central Heat/Cool
Living Area 2262.00
Office Sq Ft 2262
Restrooms 2
Total Bedrooms 4

Exterior Features

Exterior Features Brick/Block, Other
Land Value 0.00
Lot Size Acres 0.14
Lot Size Source (Tax Records)
Lot Size Square Feet 6000.00
Number of Buildings 2
Parking Features Street
Price Per Acre 1594045.03
Roof Composition, Other

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 93728

Price
AVG $320K
$220K
Visits
AVG 35
59
Year Built
AVG 1951
1951
Walkscore
AVG 70
65

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