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High Exposure Retail/Office Space Located on Blackstone Ave

$529,900

444 N Blackstone Ave, Fresno, CA 93701

Active
Last Updated: 10/20/2026

2.42

Cap Rate

12,824.16

NOI

Details:
Cap Rate:    2.42%
NOI:    $12,824.16
Building Size:    3,480 sqft
Lot Area:    0.165 acres
Class:    B
Units:    1
Year Built:    1949
Floors:    1
Highlights:
  • $39K Annual Gross Rental Income | 100% Occupied
  • (4) Fully Leased Commercial Suites
  • Functional Small-Suite Layouts | Strong Tenant Demand
  • Established Tenant Mix | Multiple Income Streams
  • Quality Roof | Working HVAC's | Functional Floorplans
  • Well-Known Freestanding Building w/ Blackstone Ave Exposure
  • Private Lit Parking Lot + Street Parking | Great Visibility
  • Convenient Location Near CA-180 & CA-41
  • Busy & Established Central Fresno Commercial Corridor
  • Close Proximity to Major Traffic Generators & Downtown Fresno
  • Great Access & Visibility w/ Easy Highway Access
  • Along Improved Belmont Ave Corridor w/ Bus Stop Access
  • Quality Construction | Well Maintained | Economical Spaces
  • Investment Opportunity: Fully Leased Freestanding Commercial Building
  • Ample Parking | Established Tenants | Strong Exposure
  • Separate Suites | Individual Entrances | Multiple Configurations
  • Low-Management Multi-Tenant Investment
Description:

Fully Leased Investment Opportunity: Freestanding building totaling ±3,480 SF on ±0.165 AC of retail or office spaces off Blackstone Ave & CA-180. Offers (4) economical ±1,000 SF separate spaces with unique addresses, all currently leased to long-term tenants on Modified Gross lease forms. Current rents total $3,250/month or $39,000/year, providing an established multi-tenant income stream with 100% occupancy. Unique investment offering where an owner/user can occupy the MTM units with easy-to-rent small spaces within an under-built market offering a strong need for these type of spaces.

Unique flexibility offering configurations ranging from ±750 – 1,030 SF with the ability to combine spaces to create larger units via existing connecting doors between the units. Clean spaces with newer paint, hard-surface flooring, LED lighting, newer HVAC units, quality roof (zero leaks), & new doors/hinges/fixtures! Access to high speed Internet, separate meters, private ADA restrooms, private entrances (w/ secured entry), outdoor LED lights during the night hours, and demising walls between suites. Building offers a full exterior lit private rear parking area, excellent existing signage, great visibility & easy access to CA-180 ramps.

Office building strategically located off CA-41 and N Blackstone Ave. Location is at the intersection of Belmont Ave & N Blackstone Ave. Just North of E McKenzie Ave, East of N Fulton Street, West of N Fresno Street and South of E Olive Ave. Centrally located to all major freeways and surrounded by many national retailers including Richard's Prime Rib & Seafood, Harley-Davidson, McDonalds, Carl's Jr, Community Regional Medical Center, Starbucks and many more!

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