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Two-Story Office Building with Elevator

1840 4Th St Livermore, CA 94550

1840 4Th St, Livermore, CA, 94550
$2,350,000
For Sale
$2,350,000

Two-story office building with elevator access, off-street parking, and multiple private suite entrances; fully occupied on net leases.

Property Size5,512 SF
Price / SF$426.34
Days on Market76

Property Features for 1840 4Th St

General Information

Standard status
Active
Size
5,512 SF
Property subtype
General Commercial

Building Details

Year Built
2004
Listing agency
Listed by Weston Properties
Source Xome
Added: May 7 Updated: Jul 21 at 5:17AM Checked: Jul 21 at 5:17AM

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 Weston Properties


Investment Insights

Based on property information with market context.

This two-story office building provides 5,512 rentable square feet of leasable space. The property is described as stabilized and fully occupied on net leases, designed to support predictable income with limited landlord responsibilities. Tenant experience is supported by abundant off-street parking, a modern elevator for second-floor access, and multiple private suite entrances.

Situated in Downtown Livermore, the building is positioned for convenient access, including easy access to I-580.

The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and residential use, providing flexibility for evolving tenant needs.

Key Highlights

  • Two‑story office building built in 2004 with 5,512 rentable SF of leasable space
  • Fully occupied on net leases
  • 16 parking spaces and abundant off‑street parking for tenants and guests

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 $199.1k $36.12
− Vacancy −$50.6k −$9.17
EGI $148.5k $26.95
− OpEx −$37.1k −$6.74
NOI $111.4k $20.21
5,512 SF · lease $36.12/SF/yr · vacancy 25.40% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,393 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$25.13M
$21.99M – $29.32M (±1% cap)
NOI $1,759,025 @ 7.0% cap · market cap 74.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Dr. Kenneth L. ... Dental Office Window Replacement Livermore Hardware & Home Improvement

Suggested Use

Barber Shop Law Firm (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Computer & Electronic Repair Storage Facility Mobile Phone Store Tech Support Center (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Two-story office building with elevator access, off-street parking, and multiple private suite entrances; fully occupied on net leases.
Where is this office building located?
The property is located at 1840 4Th St Livermore, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Two‑story office building built in 2004 with 5,512 rentable SF of leasable space; Fully occupied on net leases; 16 parking spaces and abundant off‑street parking for tenants and guests
Contact an agent
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