Vacant Freestanding Corner Building
2,500 SF | Retail Building | Livermore, CA 94550 | $1,140,000 ($456/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,140,000
- Property Type
-
Retail
- Square Feet
- 2,500 SF
- Price / Square Foot
- $456
Listing Contacts
Christopher Sheldon
Verified Profile
Andrew Bogardus
Verified Profile
- Property Info
Property Overview
Cushman & Wakefield is pleased to present the opportunity to acquire a vacant, freestanding corner building with parking on the intersection of S J Street and Second Street in Downtown Livermore, California . One block off of First Street and S Livermore Ave, the immediate area is a Walker’s Paradise (Walk Score 99) and nearby retail tenants include Safeway, Trader Joe's, Grocery Outlet, McDonald's, Starbucks, Peet's Coffee, Taco Bell, O'Reilly Auto Parts, among other national tenants. The surrounding population is highly affluent with average household income over $185,000 and 70,066 residents within 3 miles. Livermore boasts the largest population in the Tri-Valley Region and robust population growth of 8.6% between 2010 and 2020
The 211 S J Street property is located within the Livermore Downtown Specific Plan which identifies commercial, office, and residential development as playing significant roles in revitalizing the downtown. Office uses will support downtown retail and restaurant businesses during the day and downtown residents will frequent downtown retail and restaurants in the evenings and on weekends.
The catalyst for the revitalization of Downtown Livermore was the change made to State Route 84, creating the First Street Streetscape to promote investment in the downtown. The Streetscape project narrowed First Street to one lane in each direction, widened sidewalks on both sides of the street, and introduced the “flexzone” where businesses could seasonally choose to convert new diagonal parking spaces to outdoor space for dining and display. This change dramatically dropped traffic speeds and recaptured streets for residents and visitors. The City of Livermore has invested in many other significant public projects that have attracted private investors, developers, and business owners.
The 211 S J Street property is located within the Livermore Downtown Specific Plan which identifies commercial, office, and residential development as playing significant roles in revitalizing the downtown. Office uses will support downtown retail and restaurant businesses during the day and downtown residents will frequent downtown retail and restaurants in the evenings and on weekends.
The catalyst for the revitalization of Downtown Livermore was the change made to State Route 84, creating the First Street Streetscape to promote investment in the downtown. The Streetscape project narrowed First Street to one lane in each direction, widened sidewalks on both sides of the street, and introduced the “flexzone” where businesses could seasonally choose to convert new diagonal parking spaces to outdoor space for dining and display. This change dramatically dropped traffic speeds and recaptured streets for residents and visitors. The City of Livermore has invested in many other significant public projects that have attracted private investors, developers, and business owners.
Property Details
- Class
- B
- Year Built
- 1977
- Stories
- 1
- Property Subtype
- Bank, Grocery/Convenience Store
- Lot Size (sq. ft)
- 7,405 SF
Highlights
- Hard corner site with parking on the intersection of S J Street and Second Street in Downtown Livermore just off S Livermore Avenue
- Nearby retail tenants include Safeway, Trader Joe’s, Grocery Outlet, McDonald’s, Starbucks, Peet’s Coffee, Taco Bell, O’Reilly Auto Parts with others
- Highly affluent surrounding population with average household income over $185,000 and 70,066 residents within 3 miles
- Livermore boasts the largest population in the Tri-Valley Region and robust population growth of 8.6% between 2010 and 2020
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