1298-1300 Boulevard Way
20,135 SF Retail Building Walnut Creek, CA 94595 £3,321,793 (£164.98/SF)
INVESTMENT HIGHLIGHTS
- Situated in the desirable Saranap neighborhood of Walnut Creek, California, offering excellent accessibility and visibility.
- Two parcels totaling approximately ±1.23 acres, providing ample space for parking, expansion, or redevelopment.
- Approximately ±20,135 square feet of flexiblespace. P-1 zoning allows for a wide range of potential uses.
- month-to-month leases, making it an ideal opportunity for immediate owner occupancy.
EXECUTIVE SUMMARY
Newmark, as the exclusive advisor, is pleased to present an opportunity to acquire a two-story former church building located at 1298 & 1300 Boulevard Way in the Saranap neighborhood of Walnut Creek, California. The property comprises approximately ±20,135 square feet and is situated on two parcels totaling approximately ±1.23 acres (±0.63 acres and ±0.60 acres each). Currently leased to three tenants on month-to-month leases, the property offers flexibility for an owner/user or redevelopment. The P-1 zoning allows for a variety of potential uses, making it an ideal investment opportunity.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
20,135 SF
Building Class
C
Year Built
1953
Price
£3,321,793
Price Per SF
£164.98
Tenancy
Single
Number of Floors
1
Building FAR
0.38
Lot Size
1.23 AC
Zoning
P-1 - Planned Unit Development
Parking
30 Spaces (1.49 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £38 | |
| Land Assessment | £2,194,000 | Total Assessment | £2,194,037 |
