Quick Lube/Auto Repair
For Sale
Contact for pricing
2654 First St, Livermore, CA 94550
Freestanding automotive property with a long-term leased quick lube/auto repair shop and a month-to-month self-service car wash.
Property Size4,842 SF
Lot Size0.51 Acres
Price / SF$557.62
Days on Market119
Property Features for 2654 First St
General Information
Standard status
Active
Size
4,842 SF
Lot size
0.51 Acres
Property subtype
RETAIL
Additional Details
Road Access
Yes
Service Bays
4
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Lee & Associates | East Bay
(925) 460-6200
Listed By:
Mark Rinkle · License #01512632
(925) 876-8033
Source:
Moodyscre
Added: Jul 3
Changed: Oct 25
Last Checked: Oct 28 at 11:13AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property is a versatile automotive site that totals 4,842 SF on a 0.51-acre parcel (22,127 SF). It includes a 3,100 SF quick lube/auto repair shop leased on a long-term 10-year deal, plus a 1,742 SF self-service car wash leased on a month-to-month basis.
The quick-lube facility is configured with two service bays with pits and two repair bays without pits. The self-service car wash is described as allowing an owner to occupy and operate the wash, or to construct a new mini express car wash on the property.
The site is located at 2653 Old 1st Street (also identified as 2645 Old 1st Street, 2654 1st Street, and 2656 1st Street) in Downtown Livermore. The property is described as near residential neighborhoods and major transportation routes, with a multi-family residential development noted adjacent to the property.
The quick-lube facility is configured with two service bays with pits and two repair bays without pits. The self-service car wash is described as allowing an owner to occupy and operate the wash, or to construct a new mini express car wash on the property.
The site is located at 2653 Old 1st Street (also identified as 2645 Old 1st Street, 2654 1st Street, and 2656 1st Street) in Downtown Livermore. The property is described as near residential neighborhoods and major transportation routes, with a multi-family residential development noted adjacent to the property.
Key Highlights
- 0.51‑acre automotive property totaling 4,842 SF on 22,127 SF of land
- 3,100 SF quick lube/auto repair shop leased under a long‑term 10‑year deal
- Self‑service car wash totals 1,742 SF and is leased on a month‑to‑month basis
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$89,161
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,220
$1.8M
Cap Rate 7%
$1,273,729
$1.3M
Cap Rate 9%
$990,678
$990.7K
Market Conditions
NOI Build-Up for 4,842 SF
Gross rent
$127.8K $26.40/SF
− Vacancy
−$8.9K −$1.85/SF
EGI
$118.9K $24.55/SF
− OpEx
−$29.7K −$6.14/SF
NOI
$89.2K $18.41/SF
Area
Alameda County, CA
Vacancy
7.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,783,220
Cap Rate 7%
$1,273,729
Cap Rate 9%
$990,678
Alternative Uses
Best Use
Retail
$22.07M
$19.32M – $25.75M
NOI $1,545,211 @ 7.0% cap · market cap 57.23%
Second Best
Specialty Retail
$1.27M
$1.11M – $1.49M
NOI $89,161 @ 7.0% cap · market cap 3.30%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
4
Service bays
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,814
Businesses Nearby
60k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 56%
Dining 41%
Leisure 3%
Wells Fargo
Shops & Services
13,006 visits/mo
0.5 miles
El Charro
Dining
8,401 visits/mo
0.1 miles
Marathon Petroleum
Shops & Services
7,736 visits/mo
0.3 miles
U.S. Bank
Shops & Services
6,477 visits/mo
0.4 miles
Wienerschnitzel
Dining
4,588 visits/mo
0.3 miles
Demographics for 94550, CA
49,959
Population
18,390
Households
2.7
Avg Household Size
42
Median Age
56%
College-Educated
96%
High-School Grad
272.0 sq mi
ZIP Area
184
Density / Sq Mi
$177,218
Median Household Income
$88,646
Median Earnings
$2,681
Median Rent
$1,146,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Tire Choice Auto Service Centers — 1485 First St, Livermore, CA 94550
- Dick & Ryan's Auto Repair — 1679 First St, Livermore, CA 94550
- Ryan's Automotive Services — 1931 First St, Livermore, CA 94550
- Livermore Auto & Tire — 167 S Livermore Ave, Livermore, CA 94550
- Trouble Away Towing — 255 S I St, Livermore, CA 94550
Frequently Asked Questions
What type of property is this?
Auto shop - Freestanding automotive property with a long-term leased quick lube/auto repair shop and a month-to-month self-service car wash.
Where is this auto shop located?
The property is located at 2654 First St Livermore, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: 0.51‑acre automotive property totaling 4,842 SF on 22,127 SF of land; 3,100 SF quick lube/auto repair shop leased under a long‑term 10‑year deal; Self‑service car wash totals 1,742 SF and is leased on a month‑to‑month basis
