435 23Rd St

    Richmond, CA 94804
    • $1,600,000
    • STATUS: Active
    • ON SITE: 198 days
    • ID#: MR40882753
    UPDATED: 55 min ago
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1945
    County:

    School Ratings & Info

    Description

    This property is being sold together with 445 and 457 23rd Street (see the separate listings) for the full price of $1,600,000. Great development opportunity, for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with approx. 5% CAP rate and room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare. This is the largest lot and includes a building housing a grocery store and an auto repair business. The three (3) businesses straddle the lot lines. Per the City of Richmond, the ZONING for these 3 parcels is CM-5 Commercial Mixed-Use, Activity Center. This district is intended for mid- and high-rise mixed-use development at major activity centers (i.e., Richmond Civic Center, BART) to serve the community, residents, and businesses in the San Francisco Bay Area. Office, retail, entertainment and residential uses are allowed.

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    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-04-04T12:49:21.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Live Play Silicon Valley | Keller Williams Realty Silicon Valley.

    Licensed in the State of California.
    www.liveplaysiliconvalley.com/homes/99107167

    435 23Rd St Richmond, CA 94804

    • Price: $1,600,000
    • Status: Active
    • Updated: 55 min ago
    • ID#: MR40882753
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1945
    Built
    Neighborhood:
    Central Richmond
    County:
    Contra Costa
    Area:
    Richmond - North & East
    Property Description
    This property is being sold together with 445 and 457 23rd Street (see the separate listings) for the full price of $1,600,000. Great development opportunity, for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with approx. 5% CAP rate and room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare. This is the largest lot and includes a building housing a grocery store and an auto repair business. The three (3) businesses straddle the lot lines. Per the City of Richmond, the ZONING for these 3 parcels is CM-5 Commercial Mixed-Use, Activity Center. This district is intended for mid- and high-rise mixed-use development at major activity centers (i.e., Richmond Civic Center, BART) to serve the community, residents, and businesses in the San Francisco Bay Area. Office, retail, entertainment and residential uses are allowed.
    Exterior Features

    Construction Type Wood Frame Garage Parking Common Parking AreaStreet Location Business DistrictMid Block Roof Rolled Composition

    Interior Features

    Structure Sq Ft 5980

    Property Features

    Additional Listing Info Not Applicable Business Name Lot With improvements. Business Type Commercial City Name Richmond Cross Street Barrett Lot Size Area Maximum 5980.00 Present Use Retail Restrictions Neighborhood ApprovalPublic HearingType Of Business AllowedUse Permit Utilities Electricity - On SiteGas - On SiteSewer - Public Water Public Zoning Cm-5

    © 2020 MLSListings Inc. All rights reserved. Listing provided courtesy of Lynson Beaulieu of Feagley Realtors.


    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-04-04T12:49:21.653. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. DX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Live Play Silicon Valley | Keller Williams Realty Silicon Valley.

    Licensed in the State of California.
     
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