

Listed by TRI Commercial Walnut Creek
$2,250,000
2160 Railroad Ave
Details
Property Type Retail
Sub Type Restaurant
Square Footage 2,125
Cap Rate 2.45%
NOI $47,882
Occupancy 100%
Tenancy Single
Lease Type NN
Lease Expiration 04/29/2031
Remaining Term 6.5
Year Built 1800
Year Renovated 2017
Stories 1
Acreage 0.060
Michilen recognized restaurant - Range Life with 6.5 years remaining on lease with option at market
Marketing description
Free standing building of 2,125 square feet, inclusive of mezzanine, and approximately 700 square foot rear patio area. Originally built as a carriage house in the 1800’s with bricks made in the backyard, the building was remodeled for Range Life in 2017. Michelin Guide writes “The rustic space with big arched windows and plenty of succulents creams “hipster hotspot.” Remodelista writes: “A restaurant and cocktail bar in a historic brick carriage house. The project is a collaboration between a couple from New York (a commercial set designer, and a mixologist from Brooklyn’s craft cocktail scene) and a couple from San Francisco ( former chef at Tartine Manufactory, and sommelier).” Together the foursome transformed the old building into a neighborhood gathering place, with interiors that take design cues from a point between their two coasts: Marfa, Texas. The patio is designed around a 100 year old pink peppercorn tree.
Investment highlights
- 100% Leased asset
- Under market rents with leasing upside
- Successful, cutting-edge restaurant tenant with great reputation, (Michelin Guide Bib Gourmand award) and following
- Impeccable building design (Michelin Guide writes “The rustic space with big arched windows and plenty of succulents creams “hipster hotspot.”)
- Located in heart of Livermore’s thriving downtown
- Part of Tri-Valley with easy access
- Gateway to wine country
- ADT : 16,000
Listing Contacts


Listed by TRI Commercial Walnut Creek
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$47,881.60
$3,990.13/mo
Valuation Metrics
0
DSCR
2.13%
Cap Rate
2.13%
ROI
Map
Zoning
DSP SpecialDowntown Specific Plan
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View all 3 uses Last updated Jun 26, 2026 For deeper zoning details, reports are available at Zoneomics
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