Ashlan Park Shopping Center
Immediate owner-user or redevelopment opportunity
Marketing description
4309 N. Cedar Avenue, Fresno, CA 93726 presents a rare owner-user, redevelopment, or value-add investment opportunity consisting of two contiguous parcels totaling approximately 1.92 acres. The property includes a vacant ±14,994-square-foot commercial building situated on a highly visible corner location along North Cedar Avenue. The property provides investors with an attractive basis to acquire a sizeable infill commercial site with significant redevelopment and repositioning potential.
The property is zoned CG (Commercial General), one of the City of Fresno's most flexible commercial zoning designations, permitting a broad range of retail, restaurant, automotive, office, service commercial, and other commercial uses, subject to City approvals. Its strategic location provides outstanding visibility, excellent access, and proximity to Highway 41, State Route 168, and Shaw Avenue, making it well suited for a variety of future commercial developments.
Investment highlights
Two contiguous parcels
Combined Site Area: Approximately 1.92 Acres
Existing Vacant Building: Approximately 14,994 SF
Zoning: CG – Commercial General
High-profile corner location with excellent visibility
Significant frontage along North Cedar Avenue
Immediate owner-user or redevelopment opportunity
Flexible commercial zoning allowing a wide variety of retail, office, automotive, restaurant, and service commercial uses
Strong traffic exposure and convenient ingress/egress
Minutes from Highway 41, State Route 168, and Shaw Avenue
Located within an established commercial corridor surrounded by dense residential neighborhoods, national retailers, restaurants, and healthcare services
Attractive land basis at approximately $833,000 per acre
Excellent long-term upside through redevelopment, adaptive reuse, or commercial repositioning.
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