1st Floor Retail and 2nd Floor Office Condos Available For Sale
Lockehouse and Newmark, as exclusive advisors, are pleased to present the opportunity to acquire individual office and retail condominiums in historic Downtown Danville, for the first time. The subject property is a multi-tenant retail/office building that totals approximately ±12,150 square feet and resides on ±0.25 acres. 321 Hartz Avenue (Danville Commons on Hartz) is prominently located near the corner of Diablo Road and Hartz Avenue, immediately adjacent to The Clock Tower Parking Lot in the heart of Downtown Danville. The ground floor retail condominiums are generally limited to retail and/or restaurant, bar/nightclub lounge, tasting room, or in following the uses of Downtown Business District 1 (DBD1). In addition to the ground floor uses, office uses are permitted on the second floor. The subject property’s unique location makes accessibility to various retail and restaurant amenities extremely convenient. It also boasts visibility and charm, and easy access just blocks to I-680 freeway
HOA: Estimated at .61 psf per month and it covers exterior maintenance, landscape, water (in Tenant’s premise and in common areas / all on one meter), common area power, HVAC and Roof.
USF vs OSF: Usable within the outside walls and Ownable is Usable plus common areas