Pittsburg, CA 94565 2221 Railroad Ave

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Presented By: Richard Mao with Promax Investment & Develop; 510-552-1687
  • Contra Costa Association of REALTORS
  • MLS# 41046945
  • 05/02/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • SQFT • 10,624

Home Details

8% investment return cap rate. A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools, BART.
Presented By: Richard Mao with Promax Investment & Develop; 510-552-1687

General for 2221 Railroad Ave

CityPittsburg
Construction MaterialsStucco, Frame
CountyContra Costa
DirectionsHwy4 exit Railroad
Garage Y/NNo
HOANo
Lot Size Square Feet28750
MLS AreaListing
ModificationTimestamp2025-01-04T08:21:26.500Z
Property SubtypeRetail
Property TypeCommercial Sale
RoofRolled/Hot Mop, Other, Fiberglass
Standard StatusActive
StatusActive
Year Built1989
Zoningcn

Exterior for 2221 Railroad Ave

Building Area Total10624
Lot FeaturesMid-Block, BART Nearby, City Lot, Commercial, Freeway Nearby
Lot Size Acres0.66
Lot Size Area28750
Parking FeaturesPrivate Lot

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $3,288,000
MLS#41046945
List Date 05/02/2024
Property Type Commercial
Phone 714.742.6515
Request Tour
Request Info
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