350 Rose St
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350 Rose St
3,484 SF Office Building Danville, CA 94526 $4,527,545 CAD ($1,300 CAD/SF) 5.80% Cap Rate
INVESTMENT HIGHLIGHTS
- Back on the Market - Reduced Price to $3,130,000
- Visible Yet Private: Benefit from community visibility while maintaining privacy, thanks to the secluded cul-de-sac setting.
- Convenient Parking: Enjoy the convenience of onsite parking, along with adjacent municipal parking lots and parallel street parking.
- Seller to Guarantee Rent for up to 1 year (NOI $181,500)
- Exclusive Opportunity: The medical classification is 'Legacied,' presenting a rare opportunity for medical on the ground floor in the downtown core.
EXECUTIVE SUMMARY
Price Reduction & Back on the Market. Building fell out of escrow in January due to financing. Inspection report completed and available upon request.
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
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
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
3,484 SF
Building Class
B
Year Built/Renovated
1948/1960
Price
$4,527,545 CAD
Price Per SF
$1,300 CAD
Cap Rate
5.80%
NOI
$262,540 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,484 SF
Building FAR
0.20
Lot Size
0.40 AC
Zoning
DBD 13 - Zoning: DBD 13 Multifamily Residential-High Special
AMENITIES
- Plug & Play
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Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (76)
PROPERTY TAXES
| Parcel Number | 200-200-017-8 | Improvements Assessment | $752,227 CAD |
| Land Assessment | $1,588,046 CAD | Total Assessment | $2,340,273 CAD |
PROPERTY TAXES
Parcel Number
200-200-017-8
Land Assessment
$1,588,046 CAD
Improvements Assessment
$752,227 CAD
Total Assessment
$2,340,273 CAD
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350 Rose St
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