1700 Broadway Ave Walnut Creek, WA 94596
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
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Risks
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