Prime retail strip center located immediately adjacent to River Park in one of Fresno's strongest commercial corridors. The property benefits from excellent income demographics, high traffic counts, and outstanding visibility. Recent capital improvements include new roofs on both buildings (2023) and new HVAC systems (2023), minimizing near-term maintenance risk. The center consists of 6 units, with 2 currently vacant, and remaining tenants on month-to-month leases, providing flexibility to increase rents and improve operations. The property currently cash flows, offering income from day one.Zoned CMX (Commercial Mixed-Use), the asset offers clear upside through lease-up and rent growth, with long-term flexibility supported by its irreplaceable River Park location. Bonus depreciation may provide meaningful tax advantages for qualified buyers.A rare opportunity to acquire a well-located, income-producing property with built-in upside in one of Fresno's most desirable retail corridors.
Pinedale is located in California. Pinedale, California has a population of 269,339.
The median household income in Pinedale, California is $57,211. The median household income for the surrounding county is $61,276 compared to the national median of $69,021. The median age of people living in Pinedale is 31.7 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 12.6 inches per year, with 0 inches of snow per year.
