2160 Railroad Ave Livermore, CA 94550
For Sale
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This exceptional investment opportunity presents a 2,125 square foot free-standing restaurant building located at 2160 Railroad Ave, Livermore, CA 94550. The property, originally constructed in 1800 as a carriage house and extensively renovated in 2017, boasts a charming rustic space with large arched windows and a 700 square foot patio featuring a century-old pink peppercorn tree. Currently 100% occupied by a highly acclaimed Michelin Guide Bib Gourmand restaurant with a 6.5-year lease remaining (expiring 04/29/2031), this single-tenant, net-net lease property offers a strong, stable income stream. The building sits on a 0.06-acre lot and includes a mezzanine level. The property's impressive design and prime location in Livermore's thriving downtown, within the Tri-Valley area and near wine country, contribute to its exceptional appeal. The current Net Operating Income (NOI) is $47,881.60, resulting in a 2.45% cap rate. The asking price is $2,250,000. This presents a rare chance to acquire a high-quality, income-producing asset with significant upside potential due to below-market rent and the tenant's strong reputation and following. The property benefits from a high level of foot traffic in a desirable location with an average daily traffic count of 16,000.
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Range Life Restaurant
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Bike Rack - Range Life Bicycle Rack
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.