360 Rose St Danville, CA 94526
This exceptional investment opportunity presents a 3,087 square foot, two-story medical office building located at 360 Rose Street in Danville, California. Currently vacant, the property is available for immediate occupancy, offering a unique chance for owner-users or investors in the thriving healthcare sector. Built in 1966 and renovated in 1985, the Class C building sits on a 7,841 square foot lot and is zoned DBD 4. The asking price is $2,900,000 ($939.42 per square foot). The property boasts convenient onsite parking and is situated in a desirable cul-de-sac location, offering both visibility and privacy. Its prime downtown Danville location provides unparalleled access to local amenities and a high-income demographic. The property's "legacied" status ensures its continued viability as a medical office, a rare opportunity given current zoning regulations. Seller financing may be available. The property will be delivered vacant on April 1, 2024. While the seller prefers to sell this property with an adjacent building, it can be sold separately.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.