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Downtown Mixed-Use Investment Property

602 2nd Avenue Crockett, CA 94525

602 2nd Avenue, Crockett, CA, 94525
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For Sale
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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.

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 (±1% cap)
NOI $122,745 @ 7.0% cap · market cap 14.61%
Second Best
Office B
$1.24M
$1.08M – $1.45M (±1% cap)
NOI $86,789 @ 7.0% cap · market cap 10.33%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M (±1% cap)
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

Suggested Use

Dental Office Real Estate Agency Parking Lot & Garage Law Firm Hair Salon HVAC Service Nail Salon Bakery (Bike/Boat/Book/etc) Store Garden Center

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

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
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