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Development or Owner/User Property 346 Rheem Blvd 16,290 SF Office Building Moraga, CA 94556 For Sale
Investment Highlights
- Large, 1.69-acre infill parcel rezoned in 2023 to allow residential uses.
- Shorter-term tenants provide near-term revenue and leasing flexibility.
- Proximate to downtown Moraga and Saint Mary's College
- Designated by the Town of Moraga as a Housing Opportunity Site.
- Easy walking distance to downtown retail and dining, including Rheem Valley Shopping Center.
Executive Summary
An opportunity to acquire 346 Rheem Boulevard (the “Property” or “Site”), an approximately 16,290 square foot multi-tenant Office building situated on 1.69 acres in the affluent community of Moraga, CA. With a largely flat topography, shorter term tenants and the Rheem Mixed Office-Residential (RMOR) zoning allowing a permitted density
of 24 units per acre, the Site is well suited for a residential or mixed-use redevelopment.
of 24 units per acre, the Site is well suited for a residential or mixed-use redevelopment.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Medical
Building Size
16,290 SF
Building Class
C
Year Built
1984
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,145 SF
Slab To Slab
10’
Building FAR
0.22
Lot Size
1.69 AC
Zoning
MU-OR - Mixed-Use Office-Residential; Allows for 20-24 Units per Acre
Parking
72 Spaces (4.42 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
office space available for lease
office space available for lease
office space available for lease
office space available for lease
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 103 | 1,303 SF | Office | Full Build-Out | Now |
| 1st Fl-Ste 110 A+B | 965 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 200 | 2,729 SF | Office | Full Build-Out | Now |
| 2nd Fl-Ste 205 D | 554 SF | Office | Full Build-Out | Now |
1st Fl-Ste 103
| Size |
| 1,303 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1st Fl-Ste 110 A+B
| Size |
| 965 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 200
| Size |
| 2,729 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
2nd Fl-Ste 205 D
| Size |
| 554 SF |
| Space Use |
| Office |
| Build-Out |
| Full Build-Out |
| Available |
| Now |
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 103
| Size | 1,303 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
office space available for lease
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Fl-Ste 110 A+B
| Size | 965 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
office space available for lease
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
2nd Fl-Ste 200
| Size | 2,729 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
office space available for lease
2nd Fl-Ste 205 D
| Size | 554 SF |
| Space Use | Office |
| Build-Out | Full Build-Out |
| Available | Now |
office space available for lease
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 255-140-048-0 | Improvements Assessment | $2,530,000 |
| Land Assessment | $1,250,000 | Total Assessment | $3,780,000 |
Property Taxes
Parcel Number
255-140-048-0
Land Assessment
$1,250,000
Improvements Assessment
$2,530,000
Total Assessment
$3,780,000
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Development or Owner/User Property | 346 Rheem Blvd