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- LoopNet Team
1700 2nd St
Napa, CA 94559
DOWNTOWN NAPA REDEVELOPMENT SITE | 1.93 ACRES · Land For Sale
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1.93 AC
Investment Highlights
- Opportunity to own one of Napa's Prime Mixed-Use, Multi Family Redevelopment Sites with existing cash flow.
- Development potential includes Residential, Condo, Retail, Hotel, Rooftop Restaurant or other uses specified in the Downtown Neighborhood Zoning.
- Napa, California, is proximate to three major airports -- San Francisco (58 miles), Oakland (51 miles), and Sacramento (63 miles).
- 1700 2nd Street includes the 48,500 SF primary building on 1.93 acres. Adjacent land currently used as surface parking on two additional parcels.
- Strategically positioned in the heart of Napa's bustling downtown, home to Retailers, Local Restaurants and Tasting Rooms.
- Downtown Core Location. Concrete Steel Construction. First Time on the Market in 49 years.
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Commercial | Total Lot Size | 1.93 AC |
| Zoning | DT Neighborhood - Current zoning allows a height of 60 ft. and a Land Coverage Ratio of 4.0. | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.93 AC |
| Zoning | DT Neighborhood - Current zoning allows a height of 60 ft. and a Land Coverage Ratio of 4.0. |
Description
Current property was built in 1975. Three (3) story Concrete and Steel construction consisting of approximately 48,500 square feet (43,504 net usable). Average unit sizes ranges from 1,450 square feet and up. Property offers the perfect setup as a covered land play, with a Redevelopment Opportunity for Multi-Family, Condo, Retail, Hotel, Rooftop Restaurant, or other uses specified in the Downtown Neighborhood Zoning. 1700 2nd Street is conveniently located in the heart of Downtown Napa which has been experiencing a transformation in recent years. Several new Commercial and Hotel Developments have played a large role in transforming Napa into what it is today. The sites proximity to Highway 12 and 1-80 make this a great location of business serving Napa and the greater North Bay Area as a whole.
Property Taxes
| Parcel Numbers | Improvements Assessment | $2,899,749 | |
| Land Assessment | $1,000,965 | Total Assessment | $3,900,714 |
Property Taxes
