120 Broadway - Medical FOR SALE


Richmond, CA 94804- Metro Richmore Village
$2,095,000 USD
510-894-5503
120 Broadway, Richmond, CA for Sale
$2,095,000 USD
Medical - FOR SALE
1/18
null | Request Cap Rate

120 Broadway
Richmond, CA 94804
Metro Richmore Village


OVERVIEW

10 unit medical office building on a large 23,400 sqft lot. 3 of the 10 units of the office building are rented leaving excellent upside for an investor. The building has a large 3,800 sqft unit available for a potential owner user. Maybe you run your business and allow the other units in the building to pay your mortgage. Property has been leased many times before however the owner's are older and have not felt like fixing and renting the property out. With some TLC this property will cashflow very well! Redevelopment opportunity! This large lot qualifies for 64 unit apartment building. You could potentially add even more units if you allow for some affordable housing. The owners are open to carrying a loan. Contact us for for privet tour

FOR SALE DETAILS

PRICE

$2,095,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Truck Terminal, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,400 SF

ZONING

CM-3

APN/PARCEL ID

515-332-013-9

ASK ABOUT THIS PROPERTY

Lovel MagidishCrh Group Inc.More Info
510-894-5503

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Lovel MagidishCrh Group Inc.More Info
510-894-5503

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