Retail/Office Spaces Available in Downtown Fresno, CA

For Lease

938 F Street, Fresno, CA 93706

The total number of office spaces available at Retail/Office Spaces Available in Downtown Fresno, CA is 2. Leasing opportunities in the building include office. There is a total of 5,264 square feet of space currently available for rent at this address. Of this, the minimum divisible area is 2,240 square feet.

Space Available For Lease 2

Contacts

broker

Jared Ennis

KW Central California

Property Details

  • Property Type Office - General Office
  • Property Size 29,654 SF
  • Units 4
  • Lot Size 0.6 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1915
  • Date Updated Oct 10, 2024
Located in Downtown Fresno and on the corner entrance to Chinatown. Located on the corner of Tulare Street and "F" Street. The property is located North of Kern Street, South of Fresno Street, West of "G" Street and East of "E" Street. This building is in close proximity to CA-41, CA-180/168 and CA-99 and is a tremendous draw and well supports the tenants near by like: the ±190,000 SF IRS building, The Grand 1401, Warnors Theatre, CVS, Club One Casino, Fresno County Superior Court, Fresno County Sheriff's Office, Chuckchansi Park, Joe's Steak House, Tioga Sequoia Brewing Company, Within walking distance to the Fulton Mall and Chukchansi Triple AAA Ballpark. Nation surrounding tenants include McDonalds, Starbucks, Carls Jr., Jack in the Box, Taco Bell, Wendy's, Burger King, Rally's, Wells Fargo, Bank of the West, Juicy Burger, Triple A Burger, Union Bank and many others!Mixed-use two-story value-add opportunity with existing income: ±29,654 SF consisting of (10) commercial retail/office spaces on ±0.60 acres within Chinatown in Downtown Fresno. Unique investment offering (9) easy-to-rent small spaces and (1) former hotel within an under-built market offering a strong need for these type of spaces. Great visibility, convenient parking & easy access to CA-99 and CA-180 on/off ramps. All units have various access points, ample signage, fire sprinklers, and abundant nearby parking. Many front parking spaces available, quick access to the 2nd floor, and excellent existing corner exposure/signage. The upstairs (former Lincoln Hotel) consist of (52) 12x10 rooms with sinks, (9) restrooms throughout, (10) storage rooms, boiler & material room. The value-add opportunity consists of (i.) investing ±$1,050,000 ($35/SF) into the upstairs and downstairs, (ii.) leasing the (2) commercial vacancies at $0.75/SF (2,240 and 3,024 SF), (iii.) leasing out the former Lincoln Hotel (estimated at $500/month/room), and (iv.) increasing the rent of all commercial units to $0.75/SF over the next 6-12 months. In addition, charging the customary "pass-through" expenses of Water, Sewer, Trash, and Gardening to eliminate these items from the Landlords ledger. The proposed remodel would have a Total Project Cost of $2,450,000, requiring a down payment of ±$980,000, with the balance placed on a 60% LTV construction loan to produce a 3.16 DCR and a 22.76% Cash-on-cash return!±2,240 to 5,264 SF of retail/office space located in Downtown Fresno, CA. There are currently (2) available spaces with the potential to combine units. Unit #938 of ±3,024 SF has the potential to be combined with unit #944 of ±2,240 SF for a total of ±5,264 SF. All units have access to nice restrooms, signage, and abundant parking. This commercial retail building offers close proximity to the future high-speed rail and provides exceptional access to the loading and entrance area. Upcoming Chinatown Urban Greening Project: There are three improvements planned. The first will improve active transportation access to a transit stop in Chinatown located on F and Tulare Streets through the installation of 14 LED streetlights on F Street. Lighting will be installed from Fresno to Ventura Street. The second will increase the urban tree canopy and provide more greenspace in Chinatown. This will be accomplished through planting 26 trees on F Street from Fresno to Mariposa Streets. One parklet will also be installed within these limits. The third will reconstruct China Alley between Kern and Inyo into a permeable green alley and install strand lighting to increase visibility. The City of Fresno will provide the long-term operations and maintenance of the improvements.

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Highlights

  • ±2,240 - 5,264 SF: Retail/Office Spaces in Downtown Fresno
  • Move-In Ready Condition: New Floor, Paint, & LED Lights
  • Wide Open Retail Spaces w/ Potential to Combine
  • Well-Known Freestanding Building @ Corner Location
  • Located Near Professional Offices, Banks, Restaurants & Shopping
  • Open Rooms, Easy Access w/ Multiple Entrance Points
  • Ample Private Parking Lot On All Sides of the Building
  • Convenient Location Between CA-99, 41 & Hwy 180
  • Excellent F St Presence Surrounded with Quality Tenants
  • Close Proximity to Chukchansi Park, Courthouse, & City Hall

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 51/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Fresno, CA
  • Neighborhood Downtown Fresno
  • Zip Code 93706
  • Market Central Valley

Points of Interest

  • eVgo

    0.62 miles

  • Arco

    0.94 miles

  • Chevron

    1.30 miles

  • Penny Wise

    1.39 miles

  • Speedway

    1.94 miles

  • 76

    2.00 miles

  • Shell

    2.03 miles

  • ChargePoint

    7.71 miles

  • Tesla Supercharger

    9.08 miles

  • Fresno County Employee Parking Garage

    0.54 miles

  • Double Tree Parking Garage

    0.56 miles

  • Convention Center Garage

    0.71 miles

  • Parking Lot T: Visitor Parking

    2.29 miles

  • Parking Lot F

    2.40 miles

  • Fresno City College Parking Structure

    2.69 miles

  • Cell Phone Waiting Lot

    4.96 miles

  • Fowler Ave Park N Ride

    6.39 miles

  • Radisson

    0.41 miles

  • Super 8 Fresno Convention Center

    0.49 miles

  • DoubleTree by Hilton Fresno Convention Center

    0.59 miles

  • Americas Best Value Inn Fresno Convention Center Downtown

    0.78 miles

  • La Quinta Fresno Yosemite

    1.08 miles

  • Vagabond Inn Fresno

    1.93 miles

  • Days Inn by Wyndham Fresno South

    2.14 miles

  • Econo Lodge North Parkway Drive

    2.14 miles

  • Holiday Inn Express Hotel & Suites Fresno South

    2.22 miles

  • Travel Inn & Suites

    2.37 miles

  • Family Express Food & Liquor

    0.35 miles

  • Kearney Palms Shopping Mall

    0.40 miles

  • FoodMaxx

    0.43 miles

  • Grocery Outlet

    0.97 miles

  • Ventura

    1.38 miles

  • El Super

    1.55 miles

  • CentralValleyTalk.com

    1.94 miles

  • Tower Market & Deli

    1.98 miles

  • Los Amigos

    2.50 miles

  • Shaibi Market

    2.56 miles

938 F Street Listing Brief

  • Leasing rates here can depend on a variety of factors, including the quality rating of the property (property class or building class), the position of the available space within the building, any unique attributes that the listed space may include, as well as on the availability of on-site or nearby amenities. Reach out using the contact form available on this page to schedule a tour or to get more detailed information on the most modern facilities and amenities that 938 F Street has to offer.

  • See the listing area details for information and ratings regarding the degree of walkability in the neighborhood, the accessibility and frequency of public transit options, as well as the level of availability and quality of biking infrastructure in the area. What’s more, you can use the interactive map for a good overview of the area. Location details also include a breakdown of distance from the property to several essential amenities and points of interest, which may include parking facilities, fuel stations, stores, or hotels.

  • This property is in the Downtown Fresno neighborhood of Fresno and located within zip code 93706.

    938 F Street was originally completed in 1915 and is rated class C. The building includes 29,654 square feet, of which 5,264 square feet is rentable office space.

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jared Ennis

KW Central California

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