6275 Thornton Ave Newark, CA 94560-3731
This exceptional commercial property presents a rare investment opportunity in the thriving city of Newark, California. Located at 6275 Thornton Avenue, this freestanding building boasts a rich history, having served as a medical clinic for the past four decades. This is the first time the property has been on the market in 40 years, presenting a unique chance for acquisition. The 1,148-square-foot building sits on a sizable 0.16-acre lot (approximately 7,000 square feet), offering significant potential for expansion or redevelopment. The existing structure features four patient rooms, a well-appointed reception area, a comfortable waiting room, a private office, a convenient kitchenette, and dedicated file storage. Ample on-site parking ensures easy access for patients and staff, a significant advantage given its location on Thornton Avenue. The property's long-standing presence in the community and its prime location make it an attractive proposition for a variety of uses. Whether you envision restoring the existing medical clinic or undertaking a complete redevelopment, this property offers a compelling blend of history, location, and potential. This is a chance to acquire a piece of Newark's legacy and shape its future. The asking price is $1,100,000.
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Dr. Norma V. Paragas, MD Pediatrician Medical Clinic
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.