Downtown Mixed-Use Investment
602 2nd Avenue Crockett, CA 94525
602 2nd Avenue, Crockett, CA, 94525
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For Sale
Contact for pricing
Mixed-use investment property in historic downtown Crockett, offered for sale.
Property Size4,800 SF
Price / SF$174
Days on Market69
Property Features for 602 2nd Avenue
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1922
Listing agency
Realty One Group Complete
Listed by
Todd Wilson · License #02253287
Source
Crexi
Added: May 14 Updated: Jul 20 at 6:20PM Checked: Jul 20 at 6:20PM
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 Realty One Group Complete
Investment Insights
Based on property information with market context.
Exclusively offered for sale, 602 2nd Avenue is a mixed-use investment property located in the heart of historic downtown Crockett, California. The property is presented as a storefront and office units combination, fitting a mixed-use configuration.
The listing highlights the asset’s downtown setting in Crockett, positioning it within the historic commercial core.
The property is offered with a total size of 4,800 square feet.
The listing highlights the asset’s downtown setting in Crockett, positioning it within the historic commercial core.
The property is offered with a total size of 4,800 square feet.
Key Highlights
- Mixed‑use investment property in historic downtown Crockett, CA
- Year built: 1922
Local Financial Insights For Mixed Use
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 | $129.6k | $27.00 |
| − Vacancy | −$10.4k | −$2.16 |
| EGI | $119.2k | $24.84 |
| − OpEx | −$44.7k | −$9.32 |
| NOI | $74.5k | $15.53 |
4,800 SF · lease $27.00/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Retail
$1.75M
$1.53M – $2.05M
NOI $122,745 @ 7.0% cap · market cap 14.61%
Second Best
Office B
$1.24M
$1.08M – $1.45M
NOI $86,789 @ 7.0% cap · market cap 10.33%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M
NOI $127,008 @ 7.0% cap · market cap 15.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Malvoye Enterprises
Home Decor Store
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FAQs
What type of property is this?
Mixed-use property - Mixed-use investment property in historic downtown Crockett, offered for sale.
Where is this mixed-use property located?
The property is located at 602 2nd Avenue Crockett, CA.
What is the asking price?
The asking price for this property is $839,990.
What are key features of this property?
This property features: Mixed‑use investment property in historic downtown Crockett, CA; Year built: 1922