Craftsman Office Building in
1004 Court St Martinez, CA 94553
1004 Court St, Martinez, CA, 94553
$838,000
For Sale
$838,000
Iconic Craftsman office building in Downtown Martinez near Courthouses.
Property Size1,583 SF
Lot Size0.25 Acres
Price / SF$529.37
Days on Market298
Property Features for 1004 Court St
General Information
- Standard status
- Active
- Size
- 1,583 SF
- Lot size
- 0.25 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1892
Listing Agency
ROSS COMPANY REALTOR
(925) 372-8400
Listed by
MARK ROSS
Source
Corcoran
Added: Sep 27, 2025 Updated: Jul 6 at 9:59 am Checked: Jul 19 at 4:05 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ROSS COMPANY REALTOR
Investment Insights
Based on property information with market context.
This Craftsman office building is located in Downtown Martinez, near the Courthouses. The property currently serves as attorney offices under a legal non-conforming use. It could also function as a live-work space, as the property is zoned Residential. An Accessory Dwelling Unit (ADU) is possible if the main building is also residential. The building offers architecture and a setting. It is currently leased on a month-to-month basis. The lot is near 1/4 acre and has parking, with the possibility of additional parking. The property is located in an upcoming Downtown Martinez. The property size is 1583 square feet.
Key Highlights
- Prime Downtown Martinez location, steps from the Courthouses
- Legal non‑conforming use as attorney offices
- Zoned Residential, offering live‑work potential
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.5k | $29.40 |
| − Vacancy | −$8.4k | −$5.29 |
| EGI | $38.2k | $24.11 |
| − OpEx | −$9.5k | −$6.03 |
| NOI | $28.6k | $18.08 |
1,583 SF · lease $29.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$408.9K
$357.8K – $477.0K
NOI $28,622 @ 7.0% cap · market cap 3.42%
Second Best
Mixed Use
$351.1K
$307.2K – $409.6K
NOI $24,576 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$598.4K
$523.6K – $698.1K
NOI $41,886 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Iconic Craftsman office building in Downtown Martinez near Courthouses.
Where is this office building located?
The property is located at 1004 Court St Martinez, CA.
What is the asking price?
The asking price for this property is $838,000.
What are key features of this property?
This property features: Prime Downtown Martinez location, steps from the Courthouses; Legal non‑conforming use as attorney offices; Zoned Residential, offering live‑work potential
