Property profile

1790 1st St Livermore, CA 94550

OFF-MARKET
Turn key restaurants
Property ID
US09-9072999
7,200 SF 0.48 ac lot Built 1968
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 1790 First Street in Livermore, California, presents a significant leasing opportunity. The Vine Center, a single-tenant building, boasts a total of 36,106 square feet on a 1.72-acre lot. Currently, 7,200 square feet of retail space is available for lease. Built in 1957, the property offers ample parking with approximately 112 spaces. The property is situated in Alameda County, within the vibrant city of Livermore, California, zip code 94550. Its convenient location and substantial square footage make it ideal for a variety of retail businesses seeking a prominent presence in this thriving community. The property's classification is Commercial, Strip Retail, providing excellent visibility and accessibility. This is a rare opportunity to secure a well-established retail space in a desirable location. The property's size and parking capacity ensure ample room for customers and operations. The available space offers a blank canvas for a business to establish its presence in Livermore. The property's location in Alameda County provides access to a large and diverse customer base. This is a single-tenant building, offering a unique opportunity for a business to establish a strong foothold in the Livermore market. The property's history and established presence in the community provide a solid foundation for future success.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1968
Construction TILT-UP CONCRETE
Total area 7,200 SF
Lot 0.48 ac (20,749 SF)
APN 97-5-1-10
UPID US09-9072999

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company
  • Business Management Consultant

Location

1790 1st St Livermore, CA 94550-4305
Livermore metro Census 451602 SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.72M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.62M
Blend (final) Blend
$4.72M

Owner & transaction history

since 2024
Last sale
$4.7M
7 recorded transactions
2024
$4.7M
2020
Price N/A
2019
Price N/A
2015
$8.0M
2012
$3.0M
2003
Price N/A
2001
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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