1811 Broadway St - Residential LAND FOR SALE


Concord, CA 94520- Downtown Concord34,848 SF
$3,500,000 USD
650-788-3557
1811 Broadway St, Concord, CA for Sale
$3,500,000 USD
Residential LAND - FOR SALE
1/7
34,848 SF

1811 Broadway St
Concord, CA 94520
Downtown Concord


HIGHLIGHTS

  • 0.80 Acres of RH-Zoned Land in Concord
  • In-Place Retail Income at Close
  • Proximity to Downtown Concord
  • Multiple Exit Paths
  • City Incentives Applicable to Parcel

OVERVIEW

Catalyst Commercial Partners is pleased to present the exclusive opportunity to acquire 1811 Broadway St— a fully-leased five-tenant strip retail center on a ±0.80-acre corner parcel in the heart of Concord. The property is offered at $3,500,000. In-place income from a roster of short-term and month-to-month tenancies preserves immediate cash flow while keeping the site available for the buyer's highest and best use. Zoned RH (High Density Residential), the parcel supports 33 to 100 dwelling units per net acre. Concord's housing-driven growth cycle, makes this offering unusually well-positioned for a developer or shopping-center owner-operator with a future redevelopment thesis. There is also an opportunity to stabilize the existing retail center by restructuring and signing long-term leases with current tenants.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/ACRE

$4,375,000/AC

PRICE/SF

$100 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

High Density Residential Zoned Parcel

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.8 AC

LAND SF

34,848 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RH

APN/PARCEL ID

126-051-026-6

ASK ABOUT THIS PROPERTY

Rachna GandhiCatalyst Commercial PartnersMore Info
650-788-3557

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Rachna GandhiCatalyst Commercial PartnersMore Info
650-788-3557

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