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27 Orinda Way 14,904 SF Retail Building Orinda, CA 94563 $7,500,000 ($503.22/SF)
Investment Highlights
- ±14,904 SF commercial building on ±1.85 acres in downtown Orinda, offering an ideal opportunity for investors, owner-users, and developers
- Located along a high-traffic corridor near SR-24 (±188,000 CPD) and Camino Pablo (up to ±33,500 CPD), serving an affluent trade area
- Extremely affluent and stable downtown Orinda location that commands and supports premium rents from best in class tenants.
- Updated Downtown Commercial (DC) zoning and the 2023 Downtown Precise Plan allow multi-family by right, supporting streamlined redevelopment approvals
Executive Summary
Core East Bay Retail Asset - Ideal Owner-User Or Redevelopment Opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,904 SF
Building Class
C
Year Built
1958
Price
$7,500,000
Price Per SF
$503.22
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.85 AC
Zoning
Downtown Commercial - Downtown Commercial (DC) zoning
Parking
85 Spaces (5.23 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 265-170-005-2 | Improvements Assessment | $4,808,700 |
| Land Assessment | $3,391,300 | Total Assessment | $8,200,000 |
Property Taxes
Parcel Number
265-170-005-2
Land Assessment
$3,391,300
Improvements Assessment
$4,808,700
Total Assessment
$8,200,000
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27 Orinda Way
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