234 Oak StBrentwood, CA 94513

  • Retail space
  • 21,600 SF
For Sale
$7,500,000 View listing

Property Details for 234 Oak St

Year built
1993
Lot size
0.28 AC
Property size (Sq ft)
21,600 SF
Property type
Retail space
APN
013-110-017-4
APU
131100174

Description

This exceptional investment opportunity presents a prime commercial property located at 234 Oak Street in the heart of downtown Brentwood, California. The property sits on a sizable 0.28-acre lot and offers a substantial return on investment due to its strong tenant occupancy. Currently, the building houses a diverse mix of established and successful businesses, including La Fuente Mexican Restaurant, Sip & Scoop, and Brentwood Craft Beer & Cider, ensuring a consistent and reliable income stream. The property's central location within Brentwood's vibrant downtown area provides excellent visibility and accessibility, attracting a high volume of foot traffic and ensuring continued success for its tenants. This makes it an ideal investment for those seeking a stable and profitable addition to their portfolio. The property's existing tenant base demonstrates the strong demand for commercial space in this thriving area, promising continued growth and potential for future appreciation. This is a rare chance to acquire a well-established, multi-tenant commercial property in a highly desirable location. The asking price is $7,500,000. Serious inquiries only. Further details regarding the property's financials and lease agreements are available upon request. Don't miss this chance to secure a piece of Brentwood's dynamic downtown.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $11,396,700
    6.5%
    $10,520,000
    7%
    $9,768,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,419,710
    Geo Method
    $6,265,430
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $20,495,100
    Mixed-Use / Specialty
    $10,490,600
    Hospitality / Lodging
    $7,707,110
    Office
    $10,436,700
    Institutional / Educational
    $10,908,900
    Residential Income
    $12,763,400
    Multifamily
    $15,263,000
    Automotive / Energy
    $9,350,450
    Parking / Income-Based Land
    $3,218,760
    Restaurant / Food Service
    $5,473,450
    Healthcare / Senior Housing
    $10,749,600

Location Insight

City
Brentwood
County
Contra Costa
State
California
Latitude
37.9326
Longitude
-121.694
CBSA code
41860
CBSA name
SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$58,514
$100,328
$1,305,015
$1,405,343
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FAQs

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