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Owner User /Value Add Opportunity 2931-2939 Salvio St 4,364 SF 100% Leased Office Building Concord, CA 94519 $1,749,925 CAD ($400.99 CAD/SF)



INVESTMENT HIGHLIGHTS
- Upside Potential: All tenants are on month-to-month leases at below market rents which provides significant room for value appreciation.
- Medical/Dental office premium: specialized builds would command higher rent psf
- Ideal Users: Property is positioned for a variety of businesses that allow new ownership to create a unique workspace (Avg. Class B office lease ~$24-
- Surface Parking: Property features ample dedicated surface parking
EXECUTIVE SUMMARY
Desirable Location: Property is located in a densely populated pocket of Concord with convenient access to both I680/242 & CSR 4 for seamless travel throughout the Bay Area
Both Concord and Pleasant Hill are positioned as value-oriented cores: Class B office space continues to draw interest from smaller tech, legal/professional services, and medical users seeking accessibility and affordability within the market. This property offers the opportunity to buy undervalued/partially leased space with immediate retrofit potential. Concord currently offers flexible zoning policies aimed at accelerating growth for redevelopment/adaptive reuse initiatives.
Both Concord and Pleasant Hill are positioned as value-oriented cores: Class B office space continues to draw interest from smaller tech, legal/professional services, and medical users seeking accessibility and affordability within the market. This property offers the opportunity to buy undervalued/partially leased space with immediate retrofit potential. Concord currently offers flexible zoning policies aimed at accelerating growth for redevelopment/adaptive reuse initiatives.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,364 SF
Building Class
C
Year Built
1959
Price
$1,749,925 CAD
Price Per SF
$400.99 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,364 SF
Building FAR
0.42
Lot Size
0.24 AC
Zoning
APO, Concord
Parking
10 Spaces (2.29 Spaces per 1,000 SF Leased)
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Concord Smile
- Health Care and Social Assistance
- -
- -
- -
- Darry Chan DDS
- Health Care and Social Assistance
- -
- -
- -
- Franklin Chan DDS
- Health Care and Social Assistance
- -
- -
- -
- Ronald C. Harguchi DDS
- Health Care and Social Assistance
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Concord Smile | Health Care and Social Assistance | - | - | - | ||
| Darry Chan DDS | Health Care and Social Assistance | - | - | - | ||
| Franklin Chan DDS | Health Care and Social Assistance | - | - | - | ||
| Ronald C. Harguchi DDS | Health Care and Social Assistance | - | - | - |
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Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 111-201-029-1 | Improvements Assessment | $1,519,245 CAD |
| Land Assessment | $937,802 CAD | Total Assessment | $2,457,047 CAD |
PROPERTY TAXES
Parcel Number
111-201-029-1
Land Assessment
$937,802 CAD
Improvements Assessment
$1,519,245 CAD
Total Assessment
$2,457,047 CAD
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Owner User /Value Add Opportunity | 2931-2939 Salvio St
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