1333 Grand Ave, Piedmont, CA 94610-1079
- Medical Office Space
- 5,836 SF
- 0.14 lot acres
Current Use by Public Records
- Isalis / (Bike/Boat/Book/etc) Store
- Party City / Party Supply Store / (Bike/Boat/Book/etc) Store
- Skunk Funk / Big Box & Wholesale Store
- Carl's Trading Co / Hat Shop
- Bushka's Kitchen LLC / (Bike/Boat/Book/etc) Store
Property Details for 1333 Grand Ave
- Year built
- 1961
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.14 lot acres
- Property type
- Medical Office Space
- Property subtype
- Medical centers
- APN
- 50-4557-2
- APU
- 5045572
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2024 | $2,850,000 | Fundamentum LLC | Sharon K Cobb | Grant Deed | $1.9M · Bank Of Marin |
| Sep 23, 2016 | — | Cobb,daniel & S Living Trust | Cobb Daniel & S Liv Trust | Quit Claim Deed · related | $974k · Us Bk |
| Dec 5, 2013 | — | Cobb,daniel & S Living Trust | Cobb,daniel J & Sharon J | Quit Claim Deed · related | — |
| Nov 15, 2001 | $700,000 | Daniel J Cobb | Lim,randolph K | Grant Deed | $700k · Valley Community Bank |
| Apr 15, 1983 | $500,000 | Cobb Daniel J | Cobb,daniel J | Grant Deed · related | $520k |
| — | — | Cobb,daniel J & Sharon K | — | Deed Of Trust · related | $415k · Us Bk |
| — | — | Cobb,daniel & S Living Trust | — | Loan Modification · related | $974k · Us Bk |
| — | — | Daniel J Cobb | — | Deed Of Trust · related | $670k · Bank Of America |
Description
This exceptional mixed-use investment opportunity presents a 5,606 square foot building situated on Grand Avenue in the affluent city of Piedmont, California. Boasting a 6.20% cap rate and a strong NOI of $217,172, this stabilized property is currently 100% occupied by four tenants under net leases. The building features two stories and benefits from annual rent increases. Located on a highly trafficked thoroughfare (approximately 15,800 vehicles daily), this property offers excellent visibility and accessibility. The tenants include a diverse mix of businesses, including dental practices, a ballet studio, and a Brazilian Jiu Jitsu academy. This is a rare chance to acquire a high-quality mixed-use asset in one of the Bay Area's most desirable communities, with an average household income exceeding $250,000. The property is one of only 19 commercially zoned buildings within Piedmont's city limits, making it a truly unique investment opportunity. The asking price is $3,500,000, translating to a price per square foot of $624.33. This property offers stable income and significant long-term value potential. The address is 1333 Grand Ave, Piedmont, CA 94610.
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Location Insight
- Map
- Local Demand
- City
- Piedmont
- County
- Alameda
- State
- California
- Longitude
- -122.244
- Latitude
- 37.8207
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
