321 Hartz AveDanville, CA 94526

Property Details for 321 Hartz Ave

Year built

1985

Lot size

0.25 AC

Property size (Sq ft)

2,259 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional investment opportunity presents the chance to acquire a vacant bar/restaurant space in the heart of Danville, California. Located at 321 Hartz Ave, Suite 100-103, this Class A property offers 2,259-2,677 square feet of space, perfect for a variety of uses permitted under the DBD1 zoning. The property is part of a larger multi-tenant building situated on 0.25 acres, boasting high visibility and accessibility, with convenient proximity to the I-680 freeway and numerous retail and dining options. The asking price is $2,800,000, representing a 3.50% cap rate. The property features approximately 42 feet of frontage along Hartz Avenue and 53 feet facing a courtyard. Built in 1985, this NNN-leased property is currently vacant, with a lease commencement date of November 1, 2024, and no remaining lease term. The property's prime location and versatile zoning make it an ideal investment for owner-users or investors seeking a strong return in a thriving market. The property is zoned for retail and restaurant uses, including bars and tasting rooms, making it suitable for a variety of concepts. This is a rare opportunity to own a piece of Danville's vibrant downtown.

Location Insight

City

Danville

County

Contra Costa

State

California

Latitude

37.8222

Longitude

-122.001

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