445 23Rd St

    Richmond, CA 94804
    • $1,600,000
    • STATUS: Active
    • ON SITE: 198 days
    • ID#: MR40882754
    $1,600,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1944
    County:

    School Ratings & Info

    Description

    PRICE REDUCED! This property is being sold together with 435 and 457 23rd Street (see separate listings) for the full price of $1,600,000. Great development opportunity, good for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with 4.5% CAP rate and room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare. Per the public records, this lot includes a small 120 sf building and currently houses an auto repair business. In practice, the auto business shares building space with the grocery store. Per the City of Richmond, 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. Office, retail, entertainment and residential uses are allowed.

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    © 2020 MLSListings Inc. Based on information from MLSListings MLS as of 2020-04-03T23:48:19.713. 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/99107166

    445 23Rd St Richmond, CA 94804

    • Price: $1,600,000
    • Status: Active
    • ID#: MR40882754
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1944
    Built
    Neighborhood:
    Central Richmond
    County:
    Contra Costa
    Area:
    Richmond - North & East
    Property Description
    PRICE REDUCED! This property is being sold together with 435 and 457 23rd Street (see separate listings) for the full price of $1,600,000. Great development opportunity, good for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with 4.5% CAP rate and room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare. Per the public records, this lot includes a small 120 sf building and currently houses an auto repair business. In practice, the auto business shares building space with the grocery store. Per the City of Richmond, 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. Office, retail, entertainment and residential uses are allowed.
    Exterior Features

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

    Interior Features

    Structure Sq Ft 120

    Property Features

    Additional Listing Info Not Applicable Business Name Lot With Small Building. City Name Richmond Cross Street Barrett Lot Size Area Maximum 120.00 Present Use Retail Restrictions Neighborhood ApprovalPublic HearingType Of Business AllowedUse Permit Utilities Electricity - On SiteGas - On SiteSewer - PublicElectricity - 60 Amps Or Less 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 2020-04-03T23:48:19.713. 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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