$2,499,000
Property address: 3811-3821 Railroad Ave, Pittsburg Ca 94565. Recently remodeled Fully occupied shopping center on major busy street. About $223,000 annual income currently. All units are occupied by service type tenants with about 4.5% rent increasing annually. NNN rental, tenants are responsible for all interior maintenance, repair and replacement including HVAC. Tenants pay for their own utilities. Building was remodeled in 2016, most of the roof and HVAC units were replaced when the building was remodeled. The property is located on the major busy street, close to school, freeway, inside city business district, next to residential neighborhood. The vacant lot behind the parking lot is also for sale, zone for neighborhood commercial/high density residential (for the detail, please confirm with city). It gives the new owner the opertunities to expand or develop.
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Listed by Richard Mao with Promax Investment & Develop (510) 552-1687
Property Type
Commercial Sale
Status
Active
MLS Number
41118960
Year Built
1963
Lot Size
0.52 acres