349 N Fresno Street, Fresno, California 93701, Fresno, - bed, bath
ACTIVE$495,000
349 N Fresno Street, Fresno, California 93701
0Bed
0Bath
1Sqft
9,717Lot
Year Built
1946
Close
-
List price
$495K
Original List price
$495K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
FR25156995
Home ConditionPoor
Features
View-
About this home
Unique mixed-use investment opportunity in central Fresno! This versatile property features a ground-floor retail space ideal for a storefront or office, an upstairs apartment perfect for rental income or owner occupancy, and an additional lot offering endless possibilities use it for your own business, expand parking, or lease it out for extra income. Located on a high-visibility street with easy access to downtown, this property is perfect for investors or owner-users seeking flexibility and cash flow in one location. Don't miss this rare chance to own, operate, and generate income from multiple sources!
Price History
Date
Event
Price
10/07/25
Listing
$495,000
Condition Rating
Poor
Built in 1946, this mixed-use property shows significant age and wear on its exterior. The complete absence of interior photos, particularly for the kitchen and bathroom, strongly suggests these areas are severely outdated and require substantial repairs and rehabilitation. Major systems are likely beyond their expected lifespan, and the property would need extensive renovation to meet modern standards for comfort and functionality.
Pros & Cons
Pros
Mixed-Use Investment: This property offers a unique mixed-use setup with ground-floor retail and an upstairs apartment, providing diversified income streams and versatility for investors or owner-users.
Additional Lot: An extra lot is included, offering significant potential for business expansion, additional parking, or further leasing opportunities, enhancing the property's value and utility.
High Visibility Location: Situated on a high-visibility street in central Fresno, the property benefits from excellent exposure, which is ideal for retail operations and attracting tenants.
Strategic Access: Its central Fresno location with easy access to downtown makes it highly desirable for both commercial and residential purposes, appealing to a broad market.
Income Generation Potential: Designed for cash flow, the property allows for income generation from multiple sources (retail, residential, and potentially the additional lot), offering financial flexibility.
Cons
Property Age: Built in 1946, the property is older, which may imply potential for outdated systems, infrastructure, and higher maintenance or renovation costs.
Lack of Condition Details: The description does not provide specific details on the current condition of the retail space or the apartment, which could indicate a need for significant updates or repairs.
Data Discrepancy (SQFT): The listed square footage of '1 sqft' is clearly an error, making it impossible to accurately assess the property's size, value, and potential income based on this crucial metric.