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