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Property profile & analytics
OFF-MARKET
Lifestyle centers

28-34 P St Livermore, CA 94550

13,515 SF 0.38 ac lot Built 1964
Property ID
Property summary
AI-generated overview

Exceptional investment opportunity in downtown Livermore, California. This property comprises two adjoining buildings totaling 13,515 square feet on separate parcels (APN: 98-405-2 and 98-403-3). The main building at 28 South P Street offers approximately 8,692 square feet on a 16,688 square foot lot, while the adjacent building at 34 South P Street encompasses approximately 4,823 square feet on a 14,824 square foot lot. The property features a bonus second-floor office space, high open ceilings, and convenient cross parking easements. Located in a prime downtown location, it benefits from the "Downtown Boulevard Gateway" zoning. The buildings are situated across from Vintners Square and Ace Hardware, and adjacent to a Walgreens with a drive-thru, ensuring high visibility and foot traffic. This offering presents a value-add opportunity for owner-users, given its size, location, and existing features. The property is being sold as-is. The asking price is $3,986,925. Built in 1964, this single-story shopping center sits on a 0.38-acre lot and is categorized as a NNN lease type. The highly affluent demographics of the area further enhance the investment potential.

Property profile
Verified
Property type Lifestyle centers
Year built 1964
Total area 13,515 SF
Lot 0.38 ac (16,553 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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