321 Hartz Ave Danville, CA 94526
- Bars
- 2,259 SF
- 0.25 lot acres
Current Use by Public Records
- Danville Commons on Hartz / Association / Organization
- Patterson Ranch Inc / Real Estate Agency
- Vector Marketing Corporation / Marketing Agency
- Antigua Doors / Door Supplier
- Mercantile Finance Co / Mortgage Lender
Property Details for 321 Hartz Ave
- Year built
- 1985
- Lot size
- 0.25 lot acres
- Property size
- 2,259 SF
- Property type
- Bars
- Property subtype
- Pubs
Description
This exceptional investment opportunity presents the chance to acquire a vacant bar/restaurant space in the heart of Danville, California. Located at 321 Hartz Ave, Suite 100-103, this Class A property offers 2,259-2,677 square feet of space, perfect for a variety of uses permitted under the DBD1 zoning. The property is part of a larger multi-tenant building situated on 0.25 acres, boasting high visibility and accessibility, with convenient proximity to the I-680 freeway and numerous retail and dining options. The asking price is $2,800,000, representing a 3.50% cap rate. The property features approximately 42 feet of frontage along Hartz Avenue and 53 feet facing a courtyard. Built in 1985, this NNN-leased property is currently vacant, with a lease commencement date of November 1, 2024, and no remaining lease term. The property's prime location and versatile zoning make it an ideal investment for owner-users or investors seeking a strong return in a thriving market. The property is zoned for retail and restaurant uses, including bars and tasting rooms, making it suitable for a variety of concepts. This is a rare opportunity to own a piece of Danville's vibrant downtown.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Danville
- County
- Contra Costa
- State
- California
- Longitude
- -122.0009366
- Latitude
- 37.8222224
