For Sale
$1,798,000

415 Railroad Ave Pittsburg, CA 94565

Prime location, 13,806 SF, high cap rate.

Overview

Added:
Dec 11, 2024
Days on market:
135
This exceptional mixed-use property, located at 415 Railroad Ave in Pittsburg, California, presents a compelling investment opportunity. The 13,806 square foot building, constructed in 1922, sits on a 0.22-acre lot and boasts a Class B designation. Previously utilized as a bank, the versatile space is currently configured as office and retail space, offering significant potential for a variety of uses. The property's prime location in downtown Pittsburg, steps from the waterfront, ensures high visibility and accessibility. The asking price is $1,798,000, representing a compelling $130.23 per square foot and a 6.00% cap rate. The property's APN is 085-109-009-2. With its substantial size, desirable location, and strong financial metrics, this property is an ideal acquisition for both established businesses and astute investors seeking a prominent presence in a thriving California market. The building's adaptable layout allows for customization to suit diverse business needs, making it a truly unique and valuable asset. The property's potential extends beyond its current configuration, presenting opportunities for creative redevelopment and expansion. This is a rare chance to acquire a significant commercial property in a rapidly growing area.

Highlights

  • $1,798,000 asking price for a 13,806 square foot mixed-use building.
  • Class B property with a 6.00% cap rate and $130.23 price per square foot.
  • Located at 415 Railroad Ave, Pittsburg, CA 94565, on a 0.22-acre lot.
  • Built in 1922, the property features former bank, executive office, and storefront spaces.
  • APN: 085-109-009-2.

Property Details for 415 Railroad Ave

Property type
Retail properties, Office properties
Square Feet
13,806 SF
Class
B
Year Built
1922
Lot Size (sq. ft)
9,583 SF

Location Insight

City
Pittsburg
County
Contra Costa
State
California
Latitude
38.0323299
Longitude
-121.8834407

FAQs

What type of property is this?
Retail property - Prime location, 13,806 SF, high cap rate.
Where is the retail property located?
The property is located at 415 Railroad Ave Pittsburg, CA.
What is the asking price?
The asking price for this property is $1,798,000.
What are key features of this property?
This property features: $1,798,000 asking price for a 13,806 square foot mixed-use building.; Class B property with a 6.00% cap rate and $130.23 price per square foot.; Located at 415 Railroad Ave, Pittsburg, CA 94565, on a 0.22-acre lot.
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415 Railroad Ave
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