REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Richard Mao, DRE #01208299 • Promax Investment & Develop
$ 2,348,000
Est. payment | /mo
5,950 SqFt
$ 2,348,000
Est. payment | /mo
5,950 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 5,950 sqft
Price per Sqft $394
MLS Listing ID BE41118960
Year Built 1963
Lot Size 0.516 Acres
Property Sub-Type Commercial Property
Source Bay East
Property Description
A Fully occupied value added investment opportunity with about 4.5% annual rent and NNN increasing every year. 8% actual cap rate. Very stable tenant base, all of units are occupied by service type tenants. Current actual Annual income is $226,000, with very low maintenance cost. Building was remodeled in 2013 and 2016, the roof and HVAC units were replaced when the building was remodeled. Tenants are responsible for all interior maintenance, repair and replacement including HVAC, store front glass. On the very busy major street, close to shopping, BART, freeway, schools, , inside city business district, next to residential neighborhood. APN/Tax ID: 088-072-068-5 Year Built: 1963, remodeled: 2013 and 2016 Lot Square Feet: 22463.79 sf Building Square Feet: 5950 sf Parking: 26 spaces onsite, more than 4 spaces per unit The vacant lot behind the parking lot is also for sale, zone for neighborhood commercial/high density residential, it may build up to 45 units (for the detail, please confirm with city). It gives the new owner the opportunities to expand or develop.
Location
State CA
County Contra Costa
Area Pittsburg
Zoning nc
Exterior
Exterior Feature Stucco
Garage Spaces 27.0
Roof Type Other
Others
Tax ID 088-072-068-5
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.
GET MORE INFORMATION
Sam Spinella
Your Trusted Real Estate Guy | License ID: 01377658
+1(408) 393-9294 | sam@spinellagroup.com