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1620 Railroad Ave
Livermore, CA 94550
Granada Bowl · Retail Property For Sale

Investment Highlights

  • Trophy, affluent, infill San Francisco Bay Area central business district net lease investment with long term net lease and 3% annual increases
  • Part of the Livermore Downtown Specific Plan which identifies properties where potential redevelopment plays a significant role
  • Extremely affluent demographics with average household income over $202,000 and population over 101,000 within 5 miles of the property
  • Ideal covered land play opportunity with strong real estate fundamentals, in-place income stream, and landlord option to end the lease for RDVLPMT
  • Huge lot (2.86 acres) in Downtown Livermore within walking distance to the Livermore Transit Center and numerous amenities
  • More than 900 new residential units have been developed in the immediate area

Property Facts

Property Type
Retail
Property Subtype
Bowling Alley
Building Size
35,926 SF
Building Class
C
Year Built/Renovated
1950/1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.29
Lot Size
2.86 AC
Zoning
DSP - Downtown Specific Plan
Parking
48 Spaces (1.34 Spaces per 1,000 SF Leased)
Frontage
248’ on N P St

Property Taxes

Property Taxes

Parcel Number
098-0290-001-11
Land Assessment
$3,355,502
Improvements Assessment
$3,355,502
Total Assessment
$6,711,004
  • Listing ID: 26729858

  • Date on Market: 9/28/2022

  • Last Updated:

  • Address: 1620 Railroad Ave, Livermore, CA 94550

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