For Sale
$2,490,000

1840 4Th St Livermore, CA 94550

Prime Medical Office, 5,512 SF, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
135
This two-story, 5,512-square-foot Class B medical office building in downtown Livermore, CA, is available for $2,490,000. Located at 1840 Fourth Street (APN 97-28-4-1), this highly visible property boasts abundant off-street parking and a modern elevator. Currently 48% occupied, the building features a long-term net lease (NNN) with a 5-year term expiring September 30, 2025, and includes two five-year lease options. The first floor is currently leased, with annual rental increases built into the agreement. The upper floor is available for lease or owner-occupancy. The property sits on a 10,000-square-foot lot and offers multiple private entrances for each suite. Permitted uses include medical/dental, business, professional, governmental, and personal service uses (day spa, hair salon, etc.), as well as residential. Its central downtown location provides easy access to shopping, dining, and Highway 580. This presents a compelling opportunity for both owner-users and investors seeking a well-located, versatile medical office building in a thriving California market. Built in 2005, the property is zoned DSP.

Highlights

  • Class B, 5,512 sq ft medical office building in downtown Livermore, CA, offered at $2,490,000.
  • Located at 1840 Fourth Street (APN 97-28-4-1), with ample off-street parking and an elevator.
  • Currently 48% occupied, featuring a NNN lease with two 5-year options expiring September 30, 2025.
  • First floor leased with built-in annual rent increases; upper floor available for lease or owner-occupancy.
  • Situated on a 10,000 sq ft lot with multiple private entrances; zoned DSP. Permitted uses include medical, dental, business, professional, and personal services.
  • Prime downtown location near Highway 580, offering easy access to amenities. Built in 2005.

Property Details for 1840 4Th St

Property type
Office properties, Medical offices
Square Feet
5,512 SF
Class
B
Year Built
2005
Stories
2

Location Insight

City
Livermore
County
Alameda
State
California
Latitude
37.6785958
Longitude
-121.7722446

FAQs

What type of property is this?
Office property - Prime Medical Office, 5,512 SF, High Visibility
Where is the office property located?
The property is located at 1840 4Th St Livermore, CA.
What is the asking price?
The asking price for this property is $2,490,000.
What are key features of this property?
This property features: Class B, 5,512 sq ft medical office building in downtown Livermore, CA, offered at $2,490,000.; Located at 1840 Fourth Street (APN 97-28-4-1), with ample off-street parking and an elevator.; Currently 48% occupied, featuring a NNN lease with two 5-year options expiring September 30, 2025.
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1840 4Th St
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