925-974-0237
346 Rheem Blvd, Moraga, CA for Sale
Medical - FOR SALE
1/18
null | Request Cap Rate

Jan '26


346 Rheem Blvd
Moraga, CA 94556


HIGHLIGHTS

  • Large, 1.69-acre infill parcel rezoned in 2023 to allow residential uses.
  • Designated by the Town of Moraga as a Housing Opportunity Site
  • Shorter-term tenants provide near-term revenue and leasing flexibility.
  • Owner/user potential supported by ample on-site surface parking.
  • Easy walking distance to downtown retail and dining, including Rheem Valley Shopping Center.
  • Extremely affluent demographics with highly ranked schools across all grade levels.

OVERVIEW

Opportunity to acquire 346 Rheem Boulevard (the “Property” or “Site”), an approximately 16,290 square foot multi-tenant office building situated on 1.69 acres in the affluent community of Moraga, CA. With a largely flat topography, shorter term tenants and the Rheem Mixed Office-Residential (RMOR) zoning allowing a permitted density of 24 units per acre, the Site is well suited for a residential or mixed-use redevelopment.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Moraga Offices

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

72

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

MU-OR

APN/PARCEL ID

255-140-048-0

ASK ABOUT THIS PROPERTY

Forrest GherloneNewmarkMore Info
925-974-0237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Forrest GherloneNewmarkMore Info
925-974-0237

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.