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Property profile & analytics
OFF-MARKET
Office Spaces

1700 Broadway Ave Walnut Creek, WA 94596

33,352 SF 0.72 ac lot Built 1972
Property ID
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Property summary
AI-generated overview

This exceptional 33,352-square-foot office building, constructed in 1972, presents a unique owner-user opportunity and significant redevelopment potential. Situated on a 0.72-acre lot in the heart of downtown Walnut Creek, Washington, at the prominent intersection of N. Broadway and N. Civic Drive, this four-story building offers ±300 feet of frontage on Civic Drive, overlooking Civic Park. Currently zoned for Commercial Mixed-Use (MU-C), the property allows for a mixed-use residential development up to 85 feet in height, with a maximum density of 111 residential units, including a 75% state density bonus. Architectural yield studies and renderings illustrate the potential for a 110-unit apartment complex with 118 on-site parking spaces. The location is highly desirable, directly across from Civic Park and the Walnut Creek Library, and just two blocks from the Lesher Center for the Arts. This prime property offers an unparalleled blend of existing office space and substantial future development possibilities within the Walnut Creek Downtown Specific Plan area, making it an exceptional investment opportunity in a vibrant and thriving community. The zip code is 94596.

Property profile
Verified
Property type Office Spaces
Year built 1972
Total area 33,352 SF
Lot 0.72 ac (31,363 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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