12230-12240 San Pablo Ave - Office/Residential FOR SALE


Richmond, CA 94805- East Richmond
$1,650,000 USD
510-450-1405
12230-12240 San Pablo Ave, Richmond, CA for Sale
$1,650,000 USD
Office/Residential - FOR SALE
1/49
null | Request Cap Rate

NEW


12230-12240 San Pablo Ave
Richmond, CA 94805
East Richmond


HIGHLIGHTS

  • Excellent owner-user opportunity with both a vacant commercial unit and a vacant residential apartment.
  • Income-producing asset with an established long-term nonprofit tenant in place.
  • Flexible mixed-use configuration offering commercial and residential components.
  • Prominent frontage and strong visibility along San Pablo Avenue.
  • Convenient access to Interstate 80, located just one block from I-80 on/off ramps.
  • Strategic location on a major thoroughfare with strong exposure to passing traffic.

OVERVIEW

This three-unit mixed-use property consists of two commercial units and one rear residential apartment. The commercial space at 12240 San Pablo is currently leased to a long-term nonprofit tenant, providing stable occupancy and rental income. The commercial unit at 12230 San Pablo, which is built out for massage use, will be delivered vacant, offering an excellent opportunity for an owner-user or investor. Additionally, the rear residential apartment at 12240 San Pablo features four bedrooms and two bathrooms and will also be delivered vacant, providing flexibility for owner occupancy or rental income potential.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$247 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C2

APN/PARCEL ID

519-290-016-4

ASK ABOUT THIS PROPERTY

Francis GriffinMRE Commercial Real EstateMore Info
510-450-1405

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Francis GriffinMRE Commercial Real EstateMore Info
510-450-1405

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