For Sale
$3,288,000

2221 Railroad AvePittsburg, CA 94565

High-yield, 12-unit commercial property.

Overview

Added:
Feb 3
Days on market:
61
This exceptional investment opportunity presents a 12-unit commercial property situated on a 0.66-acre lot at 2221 Railroad Ave in Pittsburg, CA. Priced at $3,288,000, this property offers a compelling 8% capitalization rate, driven by a stable tenant base primarily comprised of service-oriented businesses. Eleven of the twelve units are currently rented, with the remaining unit utilized for storage, presenting a potential for immediate additional income. Tenants are responsible for all interior maintenance and repairs, minimizing owner responsibilities. Annual rent and CAM charges experience a consistent 4-4.5% yearly increase, ensuring a steadily growing return on investment. The property enjoys a high occupancy rate and benefits from a prime location on a busy thoroughfare, adjacent to a Starbucks and in close proximity to major freeway access, schools, and BART. This value-added investment is poised for continued success, offering a strong foundation for long-term growth and profitability. The property's strategic location and stable tenancy make it an attractive proposition for discerning investors seeking a reliable and high-yielding asset. The current owner's proactive management has established a solid foundation for future success.

Property Details for 2221 Railroad Ave

Property type
Year Built
1989
Lot Size (sq. ft)
28,750 SF

Location Insight

City
Pittsburg
County
Contra Costa
State
California
Latitude
38.0136
Longitude
-121.8899
2221 Railroad Ave, Pittsburg, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2221 Railroad Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message