Investment Overview

Marcus & Millichap is pleased to present the Fulton District Portfolio, situated in the bustling Downtown Fresno California, presents a unique investment opportunity for potential buyers or owner-users looking to acquire a portfolio of three distinct buildings with significant upside potential. The offering is priced considerably below the replacement cost and encompasses a collection of adjacent retail spaces, potential creative office spaces, and restaurant spaces that amount to an impressive 55,258 square feet of building area. 1130 Fulton Street features a single-story retail space with a basement, spanning approximately 8,340 square feet Presently, the building is 72 percent occupied by a single month-to-month tenant, B-Maxx. 1118 Fulton Street offers a rare opportunity to purchase a three-story mixed-use building and basement, inspired by the iconic Art Deco style and occupying an area of roughly 36,900 square feet This building, originally designed and occupied by the renowned Samuel H. Kress, is one of only 200 unique “KRESS” buildings across the United States. The property currently boasts a long-term tenant, occupying the ground floor and basement on a month-to-month lease. 2015 Mariposa Street is situated prominently on the corner of Fulton Street and Mariposa Street, immediately adjacent to the Kress Building. This single-story retail building comprises roughly 10,108 square feet of restaurant retail space, with four restaurants presently occupying 65 percent of the area. The Fulton Shopping District of Downtown Fresno offers ample street parking and is within walking distance of three large public parking structures with over 1,000 parking spaces. The location is also conveniently close to the Brewery District, Fresno Convention & Entertainment Center, Saroyan Theatre, Robert A. Schoettler Conference Center, and other popular attractions and retailers, making it an ideal and sought-after location for businesses. With a five-mile radius encompassing over 305,000 people and an average household income of $54,040, the Fulton District Portfolio is strategically located to benefit from the metro population of Fresno, which as of 2022, stands at 1,008,654.