Two-Story Office
1840 4Th St Livermore, CA 94550
1840 4Th St, Livermore, CA, 94550
$2,550,000
For Sale
$2,550,000
Fully occupied two-story office building with off-street parking, a modern elevator, and 5,512 rentable square feet.
Property Size5,512 SF
Price / SF$462.63
Days on Market72
Property Features for 1840 4Th St
General Information
- Standard status
- Active
- Size
- 5,512 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 2004
Listing agency
Weston Properties
(925) 337-3379
Listed by
Matt Ford · License #01773488
Source
Elliman
Added: May 12 Updated: Jul 22 at 7:55AM Checked: Jul 22 at 7:55AM
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 highly visible, two-story office building offers 5,512 rentable square feet of leasable space and is fully occupied on net leases. The property includes abundant off-street parking, a modern elevator providing second-floor access, and multiple private suite entrances that support tenant continuity.
Located in downtown Livermore, the building is positioned for strong street presence and walkability to retail and dining. Access to I-580 is described as easy, and the provided walk/bike scores indicate a more car-dependent setting with moderate bicycle friendliness.
The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and even residential, creating flexibility for changing tenant needs.
Located in downtown Livermore, the building is positioned for strong street presence and walkability to retail and dining. Access to I-580 is described as easy, and the provided walk/bike scores indicate a more car-dependent setting with moderate bicycle friendliness.
The property is zoned to allow a wide range of uses, including business, professional, governmental, medical/dental, personal services, and even residential, creating flexibility for changing tenant needs.
Key Highlights
- Two‑story office building built in 2004 with 5,512 rentable SF of leasable space
- Fully occupied with net leases, providing income supported by current tenant occupancy
- Off‑street parking for tenants and visitors plus a modern elevator for second‑floor 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 | $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
NOI $111,393 @ 7.0% cap · market cap 4.37%
Second Best
Healthcare Medical
$1.35M
$1.18M – $1.57M
NOI $94,414 @ 7.0% cap · market cap 3.70%
Theoretical Best
Retail
$25.13M
$21.99M – $29.32M
NOI $1,759,025 @ 7.0% cap · market cap 68.98%
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
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FAQs
What type of property is this?
Office building - Fully occupied two-story office building with off-street parking, a modern elevator, and 5,512 rentable square feet.
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 $2,550,000.
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 with net leases, providing income supported by current tenant occupancy; Off‑street parking for tenants and visitors plus a modern elevator for second‑floor access
