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Investment Highlights

  • City has indicated they would allow up to 41 dwelling units across all 3 parcels. Buyers to verify with City.

Executive Summary

A rare opportunity to reimagine one of Lafayette's most recognizable commercial properties. Situated on approximately 0.84 acres across two parcels along the highly traveled Mt. Diablo Boulevard corridor, this landmark property offers exceptional visibility, generous frontage, and outstanding redevelopment potential in one of the East Bay's most desirable communities. Formerly home to El Charro Mexican Dining, the site has remained vacant in recent years and is now being offered for sale. Whether your vision is to restore the existing improvements or pursue a new commercial development (subject to city approval), opportunities of this size and prominence in downtown Lafayette are increasingly scarce. Surrounded by established retailers, restaurants, and affluent residential neighborhoods, the property benefits from strong demographics, convenient access to Highway 24, and close proximity to the Lafayette BART station. Deadline to present offers shall be 5:00PM on September 21, 2026. Please note that a third adjacent .33 acre parcel at 3341 Mount Diablo Boulevard is available separately and is not included in this offering, presenting an additional opportunity for buyers seeking a larger assemblage.

Data Room Click Here to Access

Property Facts

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
Total Lot Size 0.84 AC
Zoning C-1, MRA - General Commercial / Multiple-family Residential District A

1 Lot Available

Lot

Lot Size 0.84 AC
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 233-110-024-4
  • 233-110-023-6
Land Assessment
$1,092,761 CAD
Improvements Assessment
$331,953 CAD
Total Assessment
$1,424,714 CAD
  • Listing ID: 41724895

  • Date on Market: 2026-08-12

  • Last Updated:

  • Address: 3335-3339 Mt Diablo Blvd, Lafayette, CA 94549

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