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Muir Executive Center 535 Main St

17,600 SF Office Building Martinez, CA 94553 $2,605,681 CAD ($148 CAD/SF)

Investment Highlights

  • Offering four-way intersection frontage and impeccable visibility and accessibility to two of Martinez’s primary travel routes and downtown roadways.
  • With an Amtrak stop in the city and convenient access to Interstate 680 and State Route 4, traveling to and from Martinez is easy.
  • Perfect opportunity for businesses in search of flexible space sizes and central locality placement among local and national retailers and businesses.
  • Value-add potential via leasing of available executive suites and retaining long-standing restaurant, optician, and retail tenants.
  • 535 Main Street lies just three blocks from Martinez’s local government facilities and courthouses.
  • Surrounded by local and national retailers and restaurants, including Starbucks, Lemongrass Bistro, Five Sun Brewing, and many more.

Executive Summary

The offering is a three-story office building with a four-way intersection frontage and a healthy tenant mix of long-standing tenants in a variety of industry sectors.

Originally constructed in 1935, 535 Main Street boasts a Spanish-style reminiscent roof and gothic brick exterior that welcomes visitors and customers alike. Located at the corner of Main Street and Castro Street, the property is home to one of Martinez’s local favorites, Luigi’s Deli. The deli serves up unique eats, specialty beers and beverages, and snacks to Martinez’s tight-knit and consumer-reliable community. The over 84,000 residents living within a 5-mile radius have spent $155,564,799 on food away from home year-to-date, presenting a reliable consumer base for the in-place food purveyor. A longstanding optician, Optical Divide, also resides at 535 Main Street.

This unique value-add opportunity affords new ownership with operational flexibility and an optimal location for office users searching for short-term space to lease. The third-floor executive suite space is available for short or long-term lease to tenants searching for law firm space, general office space, financial services, and more. Amenities on the second and third floors include a shared conference room, an on-site receptionist (available Monday-Friday), and a shared legal library. 535 Main Street is the perfect location for legal tenants who want short-term occupancy due to the property’s immediate proximity to the locality’s administrative buildings.

Martinez, California, is the county seat of Contra Costa County and lies 30 minutes east of Oakland and an hour east of San Francisco. Situated on the southern shore of the Bay area’s Carquinez Strait, this NorCal city is widely known for its iconic architecture and its downtown that has maintained a distinctive, early 20th-century look. For over 25 years, Martinez was home to John Muir, known as the father of our National Park system. His naturalist influence has left a never-ending imprint on the community that can be seen at the John Muir National Historic Site, as well as the 16 city parks and one marina in Martinez today. Martinez Regional Shoreline is a popular spot among residents for sweeping natural views and water-related activities. Martinez’s ideal location in the East Bay region and its tight-knit feel make the city a community for residents of all ages.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
17,600 SF
Building Class
C
Year Built/Renovated
1935/1984
Price
$2,605,681 CAD
Price Per SF
$148 CAD
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
5,866 SF
Building FAR
1.39
Land Acres
0.29 AC
Zoning
CC
Parking
0.68 Spaces per 1,000 SF Leased

Amenities

  • Restaurant
Walk Score ®
Walker's Paradise (91)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
373-223-003-6
Land Assessment
$540,323 CAD
Improvements Assessment
$1,294,566 CAD
Total Assessment
$1,834,889 CAD
  • Listing ID: 29307831

  • Date on Market: 2023-08-18

  • Last Updated:

  • Address: 535 Main St, Martinez, CA 94553

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