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48,500 SF | 1.93 ACRE | REDEVELOPMENT SITE 1700 2nd St

48,500 SF 4-Star Office Building Napa, CA 94559 £7,824,500 (£161/SF)

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.

Executive Summary

ONCE IN A LIFETIME REDEVELOPMENT OPPORTUNITY - FIRST TIME ON THE MARKET IN 49 YEARS, when property was built in 1975. Robert Louis Stevenson Plaza (‘RLS’) at 1700 2nd Street(fronting on First, Second, and Third Streets). Existing 48,500 SF Building on 1.93 acres of land just Steps Away from the bustling First Street epicenter of town anchored by The Andaz and Archer Hotels. Three (3) separate parcels with individual APNS, provides an opportunity for the new Buyer to Redevelop the vacant .83 acre parcel into a Residential housing project for either For Sale Condominium Units or Apartments, lease out small vacant units and stabilize cash flow.
The City of Napa Zoning was amended in 2010, converting RLS into a Prime Mixed-Use, Redevelopment, and Multi-Family opportunity in Downtown Napa. The New Zoning allows for significant additional Density Bonus and Uses.
Income in place to offset holdings costs.
Parcel Size: 1.93 Acres
• 1752 Third Street: 0.85 Acres
003-251-029
• 1700 Second Street: 0.98 Acres
003-196-010
Existing 48,500 SF Office Building
• 931 Seminary Street: 0.10 Acres
003-196-006

Property Facts

Sale Type
Investment
Sale Condition
Development Sale
Property Type
Office
Property Subtype
Office/Residential
Building Size
48,500 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
1975
Price
£7,824,500
Price Per SF
£161
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
16,167 SF
Building FAR
0.58
Land Acres
1.93 AC
Opportunity Zone
Yes
Zoning
DT Neighborhood / DT II - Commercial Office Mixed-Use Residential
Parking
114 Spaces (2.35 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 110
  • 4,546 SF
  • Office
  • Full Build-Out
  • Now

Recently remodeled space with conference rooms (2) and private offices (5) with glass dividers around the edges of a large open work space with workstations. Large Kitchen Break Room. Ensuite Bathrooms. Prime Entry and signage.

  • 2nd Fl-Ste 200
  • 1,540 SF
  • Office
  • Full Build-Out
  • Now

Space set up as consultation rooms, ideal for therapists or other medical and similar uses.

  • 2nd Fl-Ste 212
  • 3,115 SF
  • Office
  • Full Build-Out
  • Now

Large flexible space with private consultation type offices and larger administrative offices with windows and glass partitions.

  • 2nd Fl-Ste 228
  • 1,260 SF
  • Office
  • Full Build-Out
  • Now

Built-out for Mortgage Broker. 4 private offices and very nice conference room. All offices have full floor to ceiling walls to hall for great light penetration. Move-In Ready.

  • 2nd Fl-Ste 231
  • 770 SF
  • Office
  • Full Build-Out
  • Now

Private office build-out with 4 rooms

  • 2nd Fl-Ste 250
  • 1,336 SF
  • Office
  • Full Build-Out
  • Now

Former Law Office -- Conference Room, 2 private offices and large open work-space.

  • 3rd Fl-Ste 300
  • 800 SF
  • Office
  • Full Build-Out
  • Now

Mostly open plan office space available for lease today!

  • 3rd Fl-Ste 313
  • 690 SF
  • Office
  • Full Build-Out
  • Now

Private office layout space available for lease today!

  • 3rd Fl-Ste 327
  • 1,600 SF
  • Office
  • Full Build-Out
  • Now

Former Winery Office with great light and glass office enclosures. Large open workspace S.F.

  • 3rd Fl-Ste 333
  • 1,024 SF
  • Office
  • Full Build-Out
  • Now

Private office layout space available

  • 3rd Fl-Ste 344
  • 2,336 SF
  • Office
  • Full Build-Out
  • Now

Former Long-time Accounting Firm Office. Space needs new carpeting and wall finishes. Landlord will grant a free rent period in exchange for Tenant - funded improvements. Ensuite Kitchen.

Space Size Space Use Condition Available
1st Fl-Ste 110 4,546 SF Office Full Build-Out Now
2nd Fl-Ste 200 1,540 SF Office Full Build-Out Now
2nd Fl-Ste 212 3,115 SF Office Full Build-Out Now
2nd Fl-Ste 228 1,260 SF Office Full Build-Out Now
2nd Fl-Ste 231 770 SF Office Full Build-Out Now
2nd Fl-Ste 250 1,336 SF Office Full Build-Out Now
3rd Fl-Ste 300 800 SF Office Full Build-Out Now
3rd Fl-Ste 313 690 SF Office Full Build-Out Now
3rd Fl-Ste 327 1,600 SF Office Full Build-Out Now
3rd Fl-Ste 333 1,024 SF Office Full Build-Out Now
3rd Fl-Ste 344 2,336 SF Office Full Build-Out Now

1st Fl-Ste 110

Size
4,546 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
1,540 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 212

Size
3,115 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 228

Size
1,260 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 231

Size
770 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 250

Size
1,336 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 300

Size
800 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 313

Size
690 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 327

Size
1,600 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 333

Size
1,024 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

3rd Fl-Ste 344

Size
2,336 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Fl-Ste 110

Size 4,546 SF
Space Use Office
Condition Full Build-Out
Available Now

Recently remodeled space with conference rooms (2) and private offices (5) with glass dividers around the edges of a large open work space with workstations. Large Kitchen Break Room. Ensuite Bathrooms. Prime Entry and signage.

2nd Fl-Ste 200

Size 1,540 SF
Space Use Office
Condition Full Build-Out
Available Now

Space set up as consultation rooms, ideal for therapists or other medical and similar uses.

2nd Fl-Ste 212

Size 3,115 SF
Space Use Office
Condition Full Build-Out
Available Now

Large flexible space with private consultation type offices and larger administrative offices with windows and glass partitions.

2nd Fl-Ste 228

Size 1,260 SF
Space Use Office
Condition Full Build-Out
Available Now

Built-out for Mortgage Broker. 4 private offices and very nice conference room. All offices have full floor to ceiling walls to hall for great light penetration. Move-In Ready.

2nd Fl-Ste 231

Size 770 SF
Space Use Office
Condition Full Build-Out
Available Now

Private office build-out with 4 rooms

2nd Fl-Ste 250

Size 1,336 SF
Space Use Office
Condition Full Build-Out
Available Now

Former Law Office -- Conference Room, 2 private offices and large open work-space.

3rd Fl-Ste 300

Size 800 SF
Space Use Office
Condition Full Build-Out
Available Now

Mostly open plan office space available for lease today!

3rd Fl-Ste 313

Size 690 SF
Space Use Office
Condition Full Build-Out
Available Now

Private office layout space available for lease today!

3rd Fl-Ste 327

Size 1,600 SF
Space Use Office
Condition Full Build-Out
Available Now

Former Winery Office with great light and glass office enclosures. Large open workspace S.F.

3rd Fl-Ste 333

Size 1,024 SF
Space Use Office
Condition Full Build-Out
Available Now

Private office layout space available

3rd Fl-Ste 344

Size 2,336 SF
Space Use Office
Condition Full Build-Out
Available Now

Former Long-time Accounting Firm Office. Space needs new carpeting and wall finishes. Landlord will grant a free rent period in exchange for Tenant - funded improvements. Ensuite Kitchen.

Walk Score ®
Walker's Paradise (95)
Bike Score ®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 003-196-010
  • 003-251-029
  • 003-196-006
Land Assessment
£754,679
Improvements Assessment
£2,168,174
Total Assessment
£2,922,854
  • Listing ID: 28926783

  • Date on Market: 06/07/2023

  • Last Updated:

  • Address: 1700 2nd St, Napa, CA 94559

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