For Sale
$1,799,000

19830 Lake Chabot RdCastro Valley, CA 94546

Prime Medical Office, Sutter Health Proximity

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a 5,290 square foot medical office building in Castro Valley, CA. Located directly across from Sutter Health Medical Center, this three-story, Class B building features four medical suites, two currently leased at 41% occupancy. Built in 1969, the property includes a fully built-out basement (approximately 950 sq ft), an elevator, 16 parking spaces, and low-maintenance landscaping. Situated on a 15,894 sq ft lot in the Castro Valley Business District (CVBD), this multi-tenant property offers significant potential for owner-users seeking an SBA-loan-compatible space or investors targeting steady rental income. The asking price is $1,799,000 ($340.08/sq ft, $449,750/unit), and a 1031 exchange is permitted. The property's APN is 84A-150-10-2. This is a gross lease property with no tenant credit rating.

Highlights

  • Medical office space directly across from Sutter Health Medical Center.
  • ±5,290 SF medical building with ±950 SF finished basement.
  • Operational elevator serving three floors.
  • SBA-loan eligible, owner-user friendly.
  • Four medical suites with basement storage.
  • Low-maintenance landscaping.

Property Details for 19830 Lake Chabot Rd

Property type
Office properties, Medical offices
Square Feet
5,290 SF
Class
B
Year Built
1969
Buildings
1
Stories
3
Units
4

Location Insight

City
Castro Valley
County
Alameda
State
California
Latitude
37.70006092314
Longitude
-122.08770349591
19830 Lake Chabot Rd, Castro Valley, California

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19830 Lake Chabot Rd
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