For Sale
$1,799,000

19830 Lake Chabot Rd Castro Valley, CA 94546

Prime Medical Office, Sutter Health Proximity

Overview

Added:
Dec 11, 2024
Days on market:
135
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

FAQs

What type of property is this?
Office property - Prime Medical Office, Sutter Health Proximity
Where is the office property located?
The property is located at 19830 Lake Chabot Rd Castro Valley, CA.
What is the asking price?
The asking price for this property is $1,799,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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19830 Lake Chabot Rd
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