Office Building with Stained
For Sale
$749,000
2131 San Pablo Avenue, Pinole, CA 94564
Office and conference rooms, reception space, a kitchen, and two bathrooms support a range of workplace needs.
Property Size2,652 SF
Price / SF$282.43
Days on Market1129
Property Features for 2131 San Pablo Avenue
General Information
Standard status
Active
Size
2,652 SF
Property subtype
Office
Additional Details
Property Use
Office
Building Details
Building Size
2,652 SF
Listing Agency:
Metapoint
Listed By:
Susie Lee
(415) 933-7893
Source:
Metapointrealestate
Added: Sep 28, 2023
Changed: Oct 29
Last Checked: Oct 29 at 2:48PM
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 Metapoint
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Investment Insights
Based on property information with market context.
This 2,652-square-foot office property occupies a building constructed as a church in the late 1800s. Its interior includes office and conference rooms, a reception area, a kitchen, and two bathrooms. High ceilings, stained-glass windows, a spiral staircase, and classical fixtures add distinctive architectural detail to the workspace. A vintage-style stove is also present in the kitchen.
The property is in Old Town Pinole, near cafes, shopping, and the coastline. Its room arrangement combines dedicated work areas with reception and meeting space.
The property is in Old Town Pinole, near cafes, shopping, and the coastline. Its room arrangement combines dedicated work areas with reception and meeting space.
Key Highlights
- 2,652‑square‑foot office property in a building dating to the late 1800s
- Office and conference rooms, reception area, kitchen, and two bathrooms
- High ceilings, large stained‑glass windows, and a spiral staircase
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,951
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,020
$959.0K
Cap Rate 7%
$685,014
$685.0K
Cap Rate 9%
$532,789
$532.8K
Market Conditions
NOI Build-Up for 2,652 SF
Gross rent
$78.0K $29.40/SF
− Vacancy
−$14.0K −$5.29/SF
EGI
$63.9K $24.11/SF
− OpEx
−$16.0K −$6.03/SF
NOI
$48.0K $18.08/SF
Area
Contra Costa County, CA
Vacancy
18.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$959,020
Cap Rate 7%
$685,014
Cap Rate 9%
$532,789
Alternative Uses
Best Use
Office B
$685.0K
$599.4K – $799.2K
NOI $47,951 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.00M
$877.2K – $1.17M
NOI $70,172 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
671
Businesses Nearby
Explore this area
Business Placement
Demographics for 94564, CA
19,024
Population
7,285
Households
2.6
Avg Household Size
44
Median Age
39%
College-Educated
90%
High-School Grad
6.8 sq mi
ZIP Area
2,798
Density / Sq Mi
$120,833
Median Household Income
$55,841
Median Earnings
$2,738
Median Rent
$697,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office and conference rooms, reception space, a kitchen, and two bathrooms support a range of workplace needs.
Where is this office building located?
The property is located at 2131 San Pablo Avenue Pinole, CA.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: 2,652‑square‑foot office property in a building dating to the late 1800s; Office and conference rooms, reception area, kitchen, and two bathrooms; High ceilings, large stained‑glass windows, and a spiral staircase
