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1931 1st St 4,230 SF Retail Building Livermore, CA 94550 $3,400,000 ($803.78/SF)
Investment Highlights
- Highly visible, downtown location on major connecting thoroughfare with traffic at morning, lunch hour, afternoon, weekends, Thurs & Friday evenings.
- 5 Bays, large parking lot, potential patio for indoor & outdoor use
- Within guidelines of Downtown Core Area Plan Subarea 3 several uses
Executive Summary
Opportunity to acquire a freestanding building in the heart of Downtown Livermore. The property offers private parking and is adjacent to key points of interest within the active downtown district. Currently utilized for automotive repair, it falls within the City of Livermore Core Plan Area, allowing for a range of permitted uses including restaurant, retail, cultural, market hall, medical, and more. Positioned on a highly visible corridor with steady traffic from commuters and event visitors, the site provides strong exposure. Ongoing and planned developments nearby, such as parking facilities, hotels, and cultural venues, contribute to the property’s long-term potential.
Property Facts
Sale Type
Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
4,230 SF
Building Class
C
Year Built
1948
Price
$3,400,000
Price Per SF
$803.78
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.24 AC
Zoning
CS - Current use is Automotive, See Livermore Downtown Core Sub Area-3 for historic downtown revitalization plan. (Restaurant, Bar, Retail, Medical, Mixed)
Parking
20 Spaces (4.73 Spaces per 1,000 SF Leased)
Frontage
48’ on 1st St
Amenities
- Pylon Sign
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Chase Bank
Property Taxes
| Parcel Number | 097-0012-001-02 | Improvements Assessment | $1,524,186 |
| Land Assessment | $660,654 | Total Assessment | $2,184,840 |
Property Taxes
Parcel Number
097-0012-001-02
Land Assessment
$660,654
Improvements Assessment
$1,524,186
Total Assessment
$2,184,840
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1931 1st St
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