350 Rose St - Medical FOR SALE


Danville, CA 94526
$3,130,000 USD
925-997-2307
350 Rose St, Danville, CA for Sale
$3,130,000 USD
Medical - FOR SALE
1/13
null | 5.8% Cap Rate

350 Rose St
Danville, CA 94526


HIGHLIGHTS

  • Back on the Market - Reduced Price to $3,130,000
  • Seller to Guarantee Rent for up to 1 year (NOI $181,500)
  • Visible Yet Private: Benefit from community visibility while maintaining privacy, thanks to the secluded cul-de-sac setting.
  • Exclusive Opportunity: The medical classification is 'Legacied,' presenting a rare opportunity for medical on the ground floor in the downtown core.
  • Convenient Parking: Enjoy the convenience of onsite parking, along with adjacent municipal parking lots and parallel street parking.
  • Walk Through Video Interior: https://www.dropbox.com/scl/fi/rilygpj4d9224lxds3083/350-Rose-St.-Danville-04.02.25.mp4?rlkey=3lx185k1fhadpu3yb4kawcknv&e

OVERVIEW

Price Reduction & Back on the Market. Building fell out of escrow in January due to financing. Inspection report completed and available upon request. Seller to Guaranty Base Rent for first 12 month while Buyer makes improvements to the Premises or finds a suitable tenant to lease to. RARE OWNER-USER OR INVESTOR OPPORTUNITY IN DOWNTOWN DANVILLE: Currently owned and operated by Elite MD, one of California’s premier aesthetic centers, these properties have served as their operational headquarters for several years. Having outgrown the space, Elite MD is set to relocate to a larger facility in Blackhawk by early 2025. Even so, the Sellers will guarantee income for up to one year and can vacate the premises earlier if needed. The buildings will be delivered vacant at the time of sale, making this a prime opportunity for an owner-user to establish a presence in a coveted downtown location. A UNIQUE MEDICAL OFFICE ADVANTAGE: This offering is a TRULY RARE OPPORTUNITY—especially for medical users. The properties are legacied, meaning the current municipal code no longer permits medical use in the DBD4 zone. Securing this space ensures a grandfathered medical office location in downtown Danville—an increasingly rare asset. PRIME FOR INVESTORS: For investors, this opportunity offers both stability and flexibility. With a guaranteed first-year income of $181,500, buyers have time to secure a new tenant and make any necessary interior improvements. 350 ROSE STREET, DANVILLE, CA – Single Story Medical Office Building Price: $3,130,000 ($899 PSF) NOI: $181,500 Parcel: 200-200-017-8 GLA: 3,484 Rentable SF (2024 Boma Office Standard) Lot Size: 17,424 SF Lot / .4 AC Floors: 1 story Built: 1948/1960 Zoning: DBD 13 Multifamily Residential-High Special

FOR SALE DETAILS

PRICE

$3,130,000 USD

PRICE/SF

$898 USD /SF

CAP RATE

5.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

DBD 13

APN/PARCEL ID

200-200-017-8

ASK ABOUT THIS PROPERTY

Adria GiacomelliLockehouse Retail GroupMore Info
925-997-2307

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Adria GiacomelliLockehouse Retail GroupMore Info
925-997-2307

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.