200 Front StRio Vista, CA 94571

This exceptional 12,125-square-foot flex space, situated on a 21,960-square-foot lot in Rio Vista, California (APN: 0178-121-150 & 160), presents a unique owner-user investment opportunity. Priced at $1,899,000 ($156.62/sq ft), this Class C property boasts a pro-forma cap rate of 8.43% and a pro-forma NOI of $160,000. Currently vacant, the property features a blend of modern living space (15%), professional office space (10%), and expansive shop/R&D/manufacturing/warehouse space (75%). The warehouse area offers impressive 28-foot clear height ceilings, while the shop area provides 12- to 14-foot clear heights. The property includes two mezzanine levels, one configured as guest quarters with a fireplace, and the other as a gym and private office. Building amenities include two hanging gas-fired heating and cooling units, heavy power (3-phase 480 amp), and a pneumatic air system. Exterior features include eight parking spaces. The property is zoned DW - Downtown Waterfront and was renovated in 1993. Note that an adjacent half-acre lot used for outdoor storage is not included in this sale. This property offers a rare chance to acquire a versatile space in a desirable waterfront location.