408 O StAntioch, CA 94509

Property Details for 408 O St

Year built

1947

Lot size

0.52 AC

Property size (Sq ft)

7,108 SF

Property type

Retail space

APN

074-130-012-3

APU

741300123

Description

This exceptional commercial property, located at 408 O Street, Suite 416 in Antioch, California, presents a unique investment opportunity. Priced at $1,050,000, this free-standing building offers a versatile space ideal for a variety of commercial uses. The property sits on a 0.52-acre lot and is zoned for the Downtown Specific Plan, providing flexibility for potential business ventures. The building itself features multiple separate rooms and bathrooms, catering to diverse operational needs. A significant advantage is the gated parking area, capable of accommodating over 30 vehicles, ensuring ample space for employees, customers, or inventory. Its convenient location offers easy access to major transportation arteries, including freeway connections, placing the property within close proximity to key commercial hubs. The property's proximity to established businesses like Costco and the Somerville shopping center further enhances its appeal and potential for high visibility and customer traffic. The property is being sold "as is." This presents a chance to acquire a well-situated commercial building with significant potential for immediate occupancy or redevelopment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $4,825,885

  6.5%

  $4,454,664

  7%

  $4,136,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,916,268

  Geo Method

  $2,557,498

• Alternative Use

  Use

  Valuation

  Residential

  $3,757,675

  Hospitality

  $3,442,010

  Educational

  $2,863,712

  Medical

  $2,962,200

  Retail

  $4,454,664

Location Insight

City

Antioch

County

Contra Costa

State

California

Latitude

38.0149

Longitude

-121.824

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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