1970 Lake Blvd 10,255 SF Office Building Davis, CA 95616 $2,550,000 ($248.66/SF)
INVESTMENT HIGHLIGHTS
- Class V-B with a total occupancy load of 252
- 1-story building. Mix of large open spaces as well as 13 private offices, restrooms, break area and storage. Currently configured for a mix of private
- Planned Development PD#11-81B and building permit reviewed and approved in January 2017 for office and sales use.
- Originally built around 1980 and extensively renovated by Watermelon Music in 2017.
- Approximately 22 spaces. Street parking also on Lake Boulevard and opportunity to have shared parking with other neighborhood users.
- Single User or Multi-Tenant Commercial Building.
EXECUTIVE SUMMARY
This attractive one-story single-tenant commercial / office / medical / R&D building is perfect for owner occupant located in west Davis at the signalized corner W. Covell and Lake Boulevards proximate to Sutter Davis Hospital, Dignity Health, and UC Davis Health System.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Building Size
10,255 SF
Building Class
B
Year Built
1992
Price
$2,550,000
Price Per SF
$248.66
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
10,255 SF
Building FAR
0.41
Lot Size
0.58 AC
Zoning
PD
Parking
22 Spaces (2.15 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
1 of 1
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 036-480-024-000 | Improvements Assessment | $1,896,379 |
| Land Assessment | $390,429 | Total Assessment | $2,286,808 |
