For Sale
$1,440,000

610 Court StMartinez, CA 94553

Downtown Martinez, CA: High-Cap Rate Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story, 6,233-square-foot executive office building in vibrant downtown Martinez, California, presents a compelling investment opportunity. Located at 610 Court Street, this property boasts a desirable 6.00% cap rate and an asking price of $1,440,000. Built in 1955, the building features high-quality finishes and is situated directly across from the County Buildings, ensuring excellent pedestrian traffic and visibility. The property is zoned CC and sits on a 0.09-acre lot. Currently, 73% occupied, the building offers immediate occupancy for retail spaces, including two vacant suites (Suite 102: 784 square feet and Suite 103: 871 square feet). The entire second floor is occupied as executive office space. A recorded condo map allows for the potential sale of individual condo units. This prime location in the heart of Martinez offers unparalleled accessibility and benefits from a thriving downtown environment. The property's strong financials, combined with its strategic location and flexible space options, make it an ideal investment for owner-users or investors seeking a high-return asset in a desirable California market. The building's mix of retail and office space provides diverse income streams and potential for future growth. Don't miss this chance to acquire a well-maintained, high-performing commercial property in a flourishing downtown area.

Highlights

  • $1,440,000 Asking Price
  • 6,233-square-foot, two-story building
  • High-end finishes throughout
  • Retail spaces available for immediate lease
  • Prime location across from County Buildings on Court Street
  • Excellent pedestrian traffic

Property Details for 610 Court St

Property type
Retail properties, Office properties
Square Feet
6,233 SF
Year Built
1955
Stories
2
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Martinez
County
Contra Costa
State
California
Latitude
38.0187129
Longitude
-122.1349032
610 Court St, Martinez, California

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610 Court St
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