6
See all 6 photos
$650,000
Est. payment /mo
13 Beds
2 Baths
3,000 SqFt
New
87 E Olive AVE Fresno, CA 93728
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,000 sqft
Price per Sqft $216
MLS Listing ID 636648
Bedrooms 13
Full Baths 2
HOA Y/N No
Year Built 1969
Lot Size 5,950 Sqft
Property Sub-Type Commercial
Property Description
## Office Suites for Lease | Investment OpportunityNow available in Minall: professional office suites in a well-maintained commercial building offering flexible spaces from approximately 200 to 3,000 square feet. Perfect for startups, independent professionals, small businesses, and expanding teams looking for a clean, turnkey workspace in a convenient location.### Leasing Highlights* Gross lease rates from $450-$600 per office* Utilities and common area maintenance included* Flexible suite configurations to fit a variety of business needs* Short- and long-term lease options available* Move-in-ready professional environment* Ideal for administrative, consulting, creative, or service-based businessesTenants will enjoy a hassle-free leasing experience with essential services included, allowing businesses to focus on productivity and growth from day one.## Also Available For Sale | Income-Producing Commercial OpportunityExcellent opportunity for investors or owner-users to acquire a multi-suite office property with significant upside potential.### Investment Highlights* 13 total office suites* Currently 50% occupied* Current rental income: approximately $3,400/month* Projected stabilized income: approximately $7,800/month* Owned solar system provides long-term utility savings and improved operating efficiency* Strong value-add opportunity through lease-up potential* Flexible suite sizes appeal to a wide range of tenantsThis property presents an attractive combination of current cash flow, future income growth, and reduced operating costs through owned solarmaking it an ideal opportunity for investors seeking both stability and upside potential.
Location
State CA
County Fresno
Zoning CMS
Interior
Cooling Central Heat/Cool, Central Air, Office A/C
Exterior
Parking Features 10 - 20 Spaces, On Street
Roof Type Composition
Building
Lot Description Airport 4 - 5 Miles
Story 2
Water Public
Listed by Aziz M Al-Zamzami Northridge Homes Inc
NEARBY SCHOOL & BUSINESS
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