ActiveCommercial · sale

3373 Mount Diablo

Lafayette, CA 94549

$2,499,000

  • 0.13 acres
  • Built 1961

Listed by ABC Commercial Realty · MLS #41147524

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3373 Mount Diablo, Lafayette, CA 94549 · MLS #41147524

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A FEW THINGS TO NOTICE

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Year built

Built in 1961.

Property size

0.13 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

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This beautiful pride of ownership property is located centrally on Mt Diablo Blvd in Lafayette, CA and comes with two long term quality local businesses as tenants. The bite sized investment is stabilized with modified gross leases expiring in 2028 and 2030, providing a Buyer with the flexibility to occupy some or all of the property at a future time, convert leases to NNN structure, and/or renew and continue to enjoy the exiting income. Great opportunity for 1031 exchange or local investors too. Existing tenants have invested significantly in improvements / customization of the space, as is evident from attached photos. Building has multiple meters and restrooms as well, providing the additional opportunity to split into multiple units in the future should one wish to do so. Flexible C1 zoning permits a variety of uses - please check with the City of Lafayette for details. Very convenient to HWY 24, the Lafayette Park Hotel, downtown Walnut Creek, Whole Foods, Trader Joe's, BART and much more. New roof in 2020 Entry from Mt Diablo Blvd to upper level and from Dyer Road to lower level. There is interior stairwell access also. Off-street parking / loading on Dyer Rd frontage, with abundant street parking along Mt Diablo Blvd. Please DO NOT contact tenants or anyone on site at the property. Please feel free to contact Broker with additional questions. Thank you... Stabilized Pride of Ownership Property Small and Centrally Located Lafayette CA Investment Property with Seasoned Tenants Perfect for 1031 or Local Investor Future upside with conversion to NNN leases or use by Owner-User https://lafayetteglasscompany.com/

THE NEIGHBORHOOD

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3373 Mount Diablo, Lafayette, CA 94549

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THE DETAILS

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Property type
CommercialSale
Category
Commercial
Year built
1961
Zoning
C1
Parcel
2330710035
Annual property tax
$27,495.00
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #41147524 · California Regional MLS

Listing brokerage: ABC Commercial Realty
Listing agent: Richard Chang

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.