Downtown Office Building with
291 Mcleod St Livermore, CA 94550
291 Mcleod St, Livermore, CA, 94550
Contact for pricing
For Sale
Contact for pricing
Commercial office building includes a separate 600±SF office/cottage and offers full handicap access.
Property Size2,500 SF
Price / SF$720
Days on Market744
Property Features for 291 Mcleod St
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- OFFICE
Listing agency
Lee & Associates | East Bay
(925) 200-9234
Listed by
Mike Smith · License #00837386
(925) 200-9234
Source
Moodyscre
Added: Jul 8, 2024 Updated: Jul 21 at 12:27AM Checked: Jul 21 at 6:59AM
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 Lee & Associates | East Bay
Investment Insights
Based on property information with market context.
This for-sale commercial office building offers a total of 1,900±SF along with an additional 600±SF office/cottage. The property is described as having full handicap access, supporting accessible entry and use.
Located in the heart of downtown Livermore, the building is within walking distance to the U.S. Post Office, shopping amenities, restaurants, and wine and brewery establishments.
With its office-focused layout and accessible features, the property is presented as suitable for professional uses such as engineering, legal, or other professional office activity.
Located in the heart of downtown Livermore, the building is within walking distance to the U.S. Post Office, shopping amenities, restaurants, and wine and brewery establishments.
With its office-focused layout and accessible features, the property is presented as suitable for professional uses such as engineering, legal, or other professional office activity.
Key Highlights
- 1,900±SF commercial office building in Downtown Livermore
- Separate 600±SF office/cottage on the property
- Full handicap access
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 | $90.3k | $36.12 |
| − Vacancy | −$22.9k | −$9.17 |
| EGI | $67.4k | $26.95 |
| − OpEx | −$16.8k | −$6.74 |
| NOI | $50.5k | $20.21 |
2,500 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%
Alternative Uses
Best Use
Office B
$721.8K
$631.5K – $842.1K
NOI $50,523 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$11.40M
$9.97M – $13.30M
NOI $797,816 @ 7.0% cap · market cap 44.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Center For Community Dispute ...
Mediation Service
Org Metrics
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ultra-spective
Life Coach
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FAQs
What type of property is this?
Office building - Commercial office building includes a separate 600±SF office/cottage and offers full handicap access.
Where is this office building located?
The property is located at 291 Mcleod St Livermore, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: 1,900±SF commercial office building in Downtown Livermore; Separate 600±SF office/cottage on the property; Full handicap access
