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    OFF-MARKET
    Medical Office Space

    940 Adams St 1, Benicia, CA 94510-2976

    433 SF 0.01 ac lot Built 1986
    Individually Owned 32-yr Hold Free & Clear
    Property ID
    US09-2298223
    Property summary
    AI-generated overview

    This exceptional office space, located within the prestigious Benicia Historical Park Place II Building in the Arsenal district of Benicia, California, presents a unique opportunity for businesses seeking a blend of historical character and modern functionality. Situated on the ground floor, this well-maintained suite offers approximately 1,000 square feet of usable space (exact square footage to be verified). The layout features a spacious entryway leading to four distinct offices, providing ample room for individual work or team collaboration. One of the offices is particularly versatile, boasting two separate entry doors and the potential for division into smaller, independent workspaces, offering flexibility to suit various business needs. The building's location within the historic Arsenal district provides a desirable address and a unique atmosphere. The property is offered at $412,000. While the exact square footage is not currently available, interested parties are encouraged to schedule a viewing to assess the space's suitability for their requirements. The property sits on a lot with zero acres. This is a rare opportunity to acquire a well-maintained office space in a highly sought-after historical location.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1986
    Total area 433 SF
    Lot 0.01 ac (433 SF)
    APN 0080-411-010
    UPID US09-2298223
    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
    • Law Office of Geri N. Kahn Law Firm
    • Seymour Family Law Law Firm Child Welfare Organization
    • Mark C Boling Law Offices Law Firm
    • PKS Law Group, PC Law Firm
    • Canvasback Missions Charitable Organization Social Service Agency
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pieter A Folkens · 32 yrs held
    Pieter A Folkens
    since 1994
    Last sale
    $455,000
    3 recorded transactions
    1994
    $21,500
    1991
    $120,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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