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475 S 5Th St

Coalinga, CA 93210

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$765,000

2,052 sq ft
  |  
0.16 acre

475 S 5Th St

Coalinga, CA 93210

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Listed On: 10/21/2025
Status: Active
Listing Number: 638854 (Fresno MLS)

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Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Located on the corner of busy Highway 198 (Polk Street) and 5th, this well-positioned commercial property offers prime visibility in a high-traffic location. Zoned C-5, the property features four fully occupied units, each with long-standing, established tenants a beauty salon in business for over 10 years, a water store with 10+ years of operation, a tax office serving clients for 6+ years, and a versatile office/storage space. A new roof was installed approximately two years ago, adding peace of mind and value to this income-producing investment.

Beyond its excellent location and solid tenant history, this property carries a rich local legacy. It was built in the late 1950s by the current owner's father, who originally operated a laundromat here while renting out the remaining spaces. Family memories run deep mornings spent with a grandfather collecting coins from the machines, and even relocating the original on-site home to a nearby lot on Pleasant Street. The owner's father also proudly served as Mayor Pro Tem of Coalinga during that same era, leaving behind both a civic and personal mark on the community.

This is a rare opportunity to own a piece of Coalinga history still held by the original family while enjoying steady rental income from long-term, established businesses.
Property Type
Commercial
Property Subtype 1
Office
Property Subtype 2
Retail
Year Built
1963
Location
Corner
Stories
One
Potential Use
Barber/Beauty Shop, General Office, Medical Office, Retail Store
Price Per Square Foot
$373
Price Per Acre
$4,781,250
Days On Market
78
Cumulative Days On Market
78
County
Fresno
REO / Bank Owned
No
Cross Street Address
Polk
Heating & Cooling
Central Heat/Cool, Window Unit, Office A/C
Roof
Composition
Exterior
Brick/Block
Electric
Individual Meter
Water / Sewer / Gas
City Water
Additional Parking
10 - 20 Spaces
Access
State Highway, City Street
APN
072 170 27 [PARCEL MAP]
Zoning
C5
Seller Will Consider
Conventional, Cash
Sales Includes
Land & Improvements
Tenant Pays
Utilities
Owner Pays
Taxes, Insurance, Maintenance Fees
Existing Loan
Free & Clear

Courtesy of Johanna Duval-Alvarez, Golden Hills Real Estate - [email protected]
Last modified 2 months ago
Fresno MLS last checked for updates 23 minutes ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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