Walnut Creek Retail for Sale - Walnut Creek-BART/DT
Tired of renting? Get your foothold in Downtown Walnut Creek along with the benefits of property ownership! This beloved location includes TWO buildings right next to Sweet Maple, Walnut Creek's hottest brunch restaurant. 1535 Giammona (former Skipolini's) is a rare fully built out restaurant delivered vacant off-set by rental income generated by 1541 Giammona in one of the most vibrant, walkable, and evolving dining districts in Northern California.
This 5,300+/-square-foot portfolio is ideal for an owner/user seeking a flagship location or an investor focused on lease-up and long-term appreciation. The vacant 3,700-square-foot suite (formerly Skipolini’s Pizza) features all FF&E in place and an approximate 1,300-square-foot private rear patio. The second unit, spanning 1,500 square feet, is currently leased to ØL Beercafé, providing immediate in-place income.
Additionally, this offering may qualify for SBA 504 financing which may only require 10% down allowing an owner/user to occupy 1535 Giammona and secure favorable long-term financing. All while collecting passive rental income from the adjoining leased space.
Giammona Street is positioned within the boundary of Walnut Creek’s North Downtown Specific Plan, which includes the proposed Giammona Plaza. The Giammona Plaza project is a pedestrian-first promenade envisioned to enhance outdoor dining, walkability, and public space. There are pending entitlements for the former Honda dealership across the street, which is also being considered for a major mixed-use redevelopment, reflecting growing momentum for long-term urban improvements in this district.
1535 & 1541 Giammona Drive is surrounded by some of the East Bay’s top restaurant operators, including Sweet Maple, Montesacro, Katy’s Kreek, and Bourbon Highway. Near Broadway Plaza and the Lesher Center for the Arts, this asset is embedded in a proven trade area with exceptionally strong fundamentals.
With one space leased, one ready for activation, and the surrounding district poised for a dynamic upgrade. 1535 & 1541 Giammona Drive presents a compelling blend of short-term upside and long-term value growth! The property portfolio is unpriced; ownership is reviewing offers from qualified buyers.
