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Luxury Mixed-Use Development Opportunity 3614 Mt Diablo Blvd 9,892 SF Retail Building Lafayette, CA 94549 For Sale
Investment Highlights
- Luxury mixed-use development opportunity located in the heart of Downtown Lafayette.
- Prime location within walking distance to Lafayette Reservoir and near top-rated schools
- Rooftop garden designed to enhance resident lifestyle.
- Entitlements in process for 58 units with ground floor retail.
- Fifty-Eight (58) Units Totaling ±68,612 Square Feet plus Balcony, Planters, Common, Roof Top Garden, Parking and Circulation.
- EB-5 approved project
Executive Summary
Lafayette’s housing market is extremely strong and supply constrained. Luxury for sale condominiums are in high demand creating favorable market conditions for sellers as illustrated by the sale comps and properties pending in the table below. The condo market is trending to $1,350/SF+ and this site is one of the best locations in town.
This location is walkable to four grocery stores including the award-winning family owned and operated Diablo Foods directly across the street as well as Trader Joe’s, Whole Foods and Safeway. It is also in Lafayette’s retail pedestrian district that is known for its vibrant restaurant scene and great retail amenities. For outdoor enthusiast, this site is within walking distance to the Lafayette Reservoir which is a coveted place amongst locals to walk, hike, fish or spend an afternoon paddling the tranquil waters.
Property Facts
Sustainability
Sustainability
ENERGY STAR® Energy Star is a program run by the U.S. Environmental Protection Agency (EPA) and U.S. Department of Energy (DOE) that promotes energy efficiency and provides simple, credible, and unbiased information that consumers and businesses rely on to make well-informed decisions. Thousands of industrial, commercial, utility, state, and local organizations partner with the EPA to deliver cost-saving energy efficiency solutions that protect the climate while improving air quality and protecting public health. The Energy Star score compares a building’s energy performance to similar buildings nationwide and accounts for differences in operating conditions, regional weather data, and other important considerations. Certification is given on an annual basis, so a building must maintain its high performance to be certified year to year. To be eligible for Energy Star certification, a building must earn a score of 75 or higher on EPA’s 1 – 100 scale, indicating that it performs better than at least 75 percent of similar buildings nationwide. This 1 – 100 Energy Star score is based on the actual, measured energy use of a building and is calculated within EPA’s Energy Star Portfolio Manager tool.
Nearby Major Retailers
Property Taxes
| Parcel Number | 243-050-001-3 | Improvements Assessment | $209,100 |
| Land Assessment | $5,910,900 | Total Assessment | $6,120,000 |
Property Taxes
Contact the Sale Advisor
Luxury Mixed-Use Development Opportunity | 3614 Mt Diablo Blvd