408 O StAntioch, CA 94509
- Retail properties
- 7,108 SF
Property Details for 408 O St
- Year built
- 1947
- Lot size
- 0.52 AC
- Property size (Sq ft)
- 7,108 SF
- Property type
- Retail properties
- Property subtype
- 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.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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