Tower District Real Estate

Tower District Real Estate

Welcome to the vibrant and eclectic Tower District in Fresno, California! This historic neighborhood is a cultural hub known for its unique charm and lively atmosphere. Located in the heart of Fresno County, the Tower District is a favorite among locals and visitors alike.

With its tree-lined streets, historic homes, and diverse community, the Tower District offers a blend of residential, commercial, and entertainment options. Residents enjoy easy access to a variety of dining, shopping, and nightlife destinations, all within walking distance.

The neighborhood is home to the iconic Tower Theatre, a historic landmark that hosts a range of live performances, film screenings, and events throughout the year. From art galleries to vintage boutiques, the Tower District is a haven for creatives and culture enthusiasts.

In addition to its cultural offerings, the Tower District boasts a strong sense of community spirit. Residents come together for neighborhood events, farmers markets, and street fairs, creating a warm and welcoming environment for all.

Whether you're looking to explore the local arts scene, indulge in delicious cuisine, or simply soak up the neighborhood's unique vibe, the Tower District has something for everyone. Come discover the magic of this one-of-a-kind neighborhood in Fresno, California!

Newest Listings in Tower District

1502 E Olive, Fresno
$1,150,000
16 Beds ⋅ 5 Baths ⋅ 656636 MLS
Rare opportunity to own two adjacent income producing commercial properties, with Olive Ave frontage, in the heart of Fresno's iconic Tower District! Offered together, 1502 and 1520 E. Olive Avenue present a unique combination of historic charm, stable cash flow, and long term investment appeal along one of Fresno's most recognizable commercial corridors.Anchoring this exceptional offering is the historic Paul Kindler House 1520 E Olive, affectionately known as The Castle. Listed on the National Register of Historic Places, this architectural gem is rich in character, featuring distinctive craftsmanship, timeless architectural details, multiple offices, a spacious reception area, conference/dining room, kitchen, upstairs accommodations, basement, and detached converted studio. The expansive paved grounds provide gated rear parking in back as well as driveway and street parking in the front.Next door, 1502 E. Olive Avenue features three separately leased professional office suites, each offering its own reception area, three private offices, break room, and restroom. The property also benefits from dedicated on-site parking.Both properties are 100% occupied, generating $72,000 in annual base rental income, plus $8,400 in scheduled annual CAM reimbursements. Four NNN leases provide expense reimbursement, with tenants responsible for property repairs and maintenance. Contracted rent increases in three of the four leases provide additional income growth beginning in 2027.Together, the properties offer approximately 4,899 SF of building area on 22,503 SF of combined land. Recent capital improvements include replaced roofs, updated HVAC systems, clear pest certifications, and clear roof inspections with roof certifications.Strategically situated along Olive Avenue, the properties benefit from their proximity to the Tower Theatre, Roger Rocka's Dinner Theater, popular restaurants, breweries, entertainment venues, and the vibrant culture that makes the Tower District one of Fresno's most distinctive destinations. CMS zoning with AH Overlay provides additional versatility, including potential alternative commercial and live/work opportunities.Two adjacent parcels. Four occupied income streams. Historic architectural distinction. A stabilized investment with built-in income growth and enduring appeal.An exceptional opportunity to acquire a true Tower District landmark while enjoying immediate investment income!

1502 E Olive, Fresno

1502 E Olive, Fresno
$1,150,000
16 Beds ⋅ 5 Baths ⋅ 656548 MLS
Rare opportunity to own two adjacent income producing commercial properties, with Olive Ave frontage, in the heart of Fresno's iconic Tower District! Offered together, 1502 and 1520 E. Olive Avenue present a unique combination of historic charm, stable cash flow, and long term investment appeal along one of Fresno's most recognizable commercial corridors.Anchoring this exceptional offering is the historic Paul Kindler House 1520 E Olive, affectionately known as The Castle. Listed on the National Register of Historic Places, this architectural gem is rich in character, featuring distinctive craftsmanship, timeless architectural details, multiple offices, a spacious reception area, conference/dining room, kitchen, upstairs accommodations, basement, and detached converted studio. The expansive paved grounds provide gated rear parking in back as well as driveway and street parking in the front.Next door, 1502 E. Olive Avenue features three separately leased professional office suites, each offering its own reception area, three private offices, break room, and restroom. The property also benefits from dedicated on-site parking.Both properties are 100% occupied, generating $72,000 in annual base rental income, plus $8,400 in scheduled annual CAM reimbursements. Four NNN leases provide expense reimbursement, with tenants responsible for property repairs and maintenance. Contracted rent increases in three of the four leases provide additional income growth beginning in 2027.Together, the properties offer approximately 4,899 SF of building area on 22,503 SF of combined land. Recent capital improvements include replaced roofs, updated HVAC systems, clear pest certifications, and clear roof inspections with roof certifications.Strategically situated along Olive Avenue, the properties benefit from their proximity to the Tower Theatre, Roger Rocka's Dinner Theater, popular restaurants, breweries, entertainment venues, and the vibrant culture that makes the Tower District one of Fresno's most distinctive destinations. CMS zoning with AH Overlay provides additional versatility, including potential alternative commercial and live/work opportunities.Two adjacent parcels. Four occupied income streams. Historic architectural distinction. A stabilized investment with built-in income growth and enduring appeal.An exceptional opportunity to acquire a true Tower District landmark while enjoying immediate investment income!

1502 E Olive, Fresno

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Based on information from the Fresno Association of REALTORS® as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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