Property DescriptionThis is a great business opportunity at the N/E corner of Olive and Echo Avenues in the historic Tower District of Fresno. The business currently in operation features Chinese cuisine and a donut shop, but the equipment going with the sale will accommodate a great variety of restaurant choices. There is parking at the rear of the building and street parking on Olive and Echo Avenues. Does not include real estate.
- Property Type: Retail
- Year Built:1990
- Square Footage:2000.00
- Lot Size: 19980.00 SqFt (0.46 acres)
- Baths:0.00 ()
- Listing Broker:John Paley
- Listing Office:C-21 C Watson Real Estate Inc.
Amenities / Utilities
- Tennis Court
A government loan program geared towards owner-occupied, first-time home buyers. Down payment can be as low as 3.5%. However, the buyer will have to pay the PMI (Principal Mortgage Insurance).
Down payment can be as low as 5%. For down payments lower than 20%, the buyer will have to pay PMI (Principal Mortgage Insurance). If the down payment is 20% or more, there will be no PMI charged to the buyer. When purchasing an owner-occupied property, interest rates may be lower as compared to purchasing an investment property. The limit for a conventional loan in Fresno County is $453,000. Loan limits are subject to change.
A loan above the conventional loan limit is considered a jumbo loan.