87 E Olive Avenue
About This Property for Sale
Marketing description
Position your investment in one of Fresno's most vibrant and recognizable commercial districts with this exceptional office opportunity. Located in the heart of the Tower District, this multi-tenant office property features 13 office suites and presents an outstanding value-add investment with approximately 40% occupancy, offering substantial potential to increase rental income and overall asset value.
A standout feature of the property is its fully owned solar system, helping reduce operating expenses while providing long-term energy savings and enhancing the property's appeal to tenants and investors alike.
Surrounded by the energy and character of the Tower District, the property is within walking distance of the historic Tower Theatre, popular live music venues, vibrant nightlife, locally owned restaurants, cafés, breweries, and boutique retail. Its proximity to Fresno City College and nearby professional and residential neighborhoods creates a strong foundation for attracting a diverse tenant base.
Whether you're looking to expand your investment portfolio, execute a lease-up strategy, or establish your own business in a thriving location while generating rental income, this property offers the flexibility and upside to achieve your goals. With excellent visibility, a highly desirable location, and significant income growth potential, represents a compelling opportunity in one of Fresno's most sought-after commercial corridors.
Investment highlights
- Prime Investment Opportunity in the heart of Fresno's vibrant Tower District.
- 13 Office Suites offering multiple income streams with significant upside potential.
- Fully Owned Solar System helps reduce operating expenses and increases long-term value.
- Approximately 40% Occupied, providing investors with an excellent value-add opportunity to increase occupancy and rental income.
- Strong Upside Potential through lease-up, tenant improvements, and strategic property management.
- Exceptional Location within walking distance of the Tower Theatre, popular nightlife, live entertainment venues, breweries, cafés, and award-winning restaurants.
- Close Proximity to Fresno City College, creating demand from professional services, educational organizations, and small businesses.
- Excellent Accessibility with convenient access to major thoroughfares and surrounding commercial districts.
- Ideal for Investors or Owner-Users seeking a well-located office asset with immediate income and substantial future growth potential.
- Located in One of Fresno's Most Desirable Mixed-Use Districts, known for its walkability, cultural attractions, and thriving business community.
This property presents a rare opportunity to acquire a well-located office asset with existing cash flow, energy-efficient improvements, and substantial leasing upside in one of Fresno's most dynamic commercial corridors.
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