You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Retail space

2160 Railroad Ave Livermore, CA 94550

1,560 SF 0.06 ac lot Built 1930
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US09-8399097
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction TILT-UP CONCRETE
Total area 1,560 SF
Lot 0.06 ac (2,800 SF)
APN 98-281-6
UPID US09-8399097
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Range Life Restaurant
  • Bike Rack - Range Life Bicycle Rack
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$640k
CAP Approach CAP
by Request
Comparable Approach Comparable
$655k
Blend (final) Blend
$640k
Owner & transaction history
House Of Green Jacket LLC · 5 yrs held
House Of Green Jacket LLC
since 2020
Last sale
$600,000
7 recorded transactions
2020
Price N/A
2019
Price N/A
2016
$600,000
2004
Price N/A
1995
$73,500
1989
$77,500
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $665,000 +49.7%
Medical building $615,000 +39.3%
Office building $530,000 +19.5%
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message