For Sale
$1,798,000

415 Railroad AvePittsburg, CA 94565

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

Overview

Added:
Dec 11, 2024
Days on market:
114
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
415 Railroad Ave, Pittsburg, California

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415 Railroad Ave
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