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28266974
21112708

1402 Concannon Blvd, Livermore, CA 94550

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton
$572,880
514 days on market
Updated 12 days ago

The Well at Sunset

Details
Property Type Office, Retail
Sub Type Medical Office, Storefront
Net Rentable (SqFt) 1,023
Broker Co-Op Yes
Year Renovated 2021
Stories 1
Investment Type Owner/User

Medical/Retail/Office Condominium Unit | 1,023 SqFt

Marketing description

Southeastern facing endcap, cold shell, retail/medical/office unit in Building H. Building Signage is available above the entrance for each unit within the project. Every unit is separately metered for PG&E with 100-200 amps of total power depending on size and use. Water is sub-metered for each unit and trash is included in the HOA dues which are equal to approximately $.56/sf/month. Can be purchased along with unit 1406 for a maximum total square footage of 2,045sf.

The Well at Sunset is a newly renovated project as of 2020. Each building was brought down to the studs/foundations and built back up with a brand new roof, siding, windows, electrical, etc. The four buildings on the northern end of the project were sold to a senior housing developer who has plans to construct a new senior housing development in the near future. The remaining 6 buildings on the south end of the project were renovated to be a new retail, medical, and office complex to serve the local community. Most retail, medical, and office uses are permitted in this zoning district. Tesla superchargers are onsite in front of Building A. Some outdoor patio areas are placed at key locations around the project. There is a 3.5 acre landscaped buffer zone between this project and the surrounding homes which will eventually be updated to include walking paths and benches once the senior housing development is finished.

Investment highlights

  • ±1,023 SF Retail/Medical/Office Condo

  • Located at Holmes & Concannon in Livermore

  • Highly visible freestanding single-story retail buildings

  • Completely renovated in 2021 from the ground up. New Electrical, Plumbing and Roofs

  • New restaurants opened summer 2022

  • New landscape

  • ADA compliant common areas

  • Affluent neighborhood with easy access from Silicon Valley and San Francisco metros

  • Perfect for Owner-Occupancy and/or Leased Investment Sales.

  • Attractive SBA financing available with 10% down

Listing Contacts

JM
CA CA 01728720
Lee & Associates - Pleasanton
MR
CA 01512632
Lee & Associates - Pleasanton
Listed by Lee & Associates - Pleasanton

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Additional Information

Name
Jessica Mauser
License
CA 01728720
Brokerage
Lee & Associates East Bay
Title
Managing Principal
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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