3533 Plz Way Lafayette, CA 94549-4413
- Retail space
- 2,918 SF
- 0.27 lot acres
Feb 09, 2025
Current Use by Public Records
- Man's Choice Barber Shop / Barber Shop
Property Details for 3533 Plz Way
- Year built
- 1904
- Lot size
- 0.27 lot acres
- Property size
- 2,918 SF
- Property type
- Retail space
- APN
- 243-222-019-8
- APU
- 2432220198
Description
This exceptional mixed-use property at 3533 Plaza Way, Lafayette, CA, presents a compelling investment opportunity. Spanning 0.27 acres, this five-unit complex enjoys a highly desirable location, strategically positioned off the corner of Mt. Diablo Boulevard and Moraga Road. The property benefits from excellent visibility and significant foot traffic, surrounded by thriving restaurants, cafes, and shops. Currently configured as two commercial units and three residential units, the existing layout includes a restaurant and a barber shop, each with an attached small apartment facing Plaza Way. A separate, larger residential unit, approximately 1175 square feet, features two bedrooms and a private outdoor area situated along a creek, accessed via a private driveway at the rear of the property. The property's proximity to the Park Theatre, a multi-purpose venue undergoing redevelopment with a planned grand reopening in 2025, further enhances its long-term potential. This presents a unique chance to acquire a well-situated property with immediate income potential and significant upside for redevelopment or repositioning. The asking price is $3,000,000. Further details are available at plazawy.com.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Contra Costa
- State
- California
- Longitude
- -122.118
- Latitude
- 37.8913
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA