2600 Macdonald AveRichmond, CA 94804

Property Details for 2600 Macdonald Ave

Year built

1940

Lot size

0.35 AC

Property size (Sq ft)

5,614 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

515-302-001-0

APU

5153020010

Description

This exceptional mixed-use property in Richmond's Civic Center boasts a stylish Spanish design and offers a unique investment opportunity. The complex comprises a 3,600+ square foot ground floor office wing, featuring two separate lobby areas, 21 individual offices ranging from approximately 50 to 150+ square feet, and two restrooms. Previously utilized as medical offices and a dental clinic, this space is adaptable to a variety of commercial uses. Above the office wing is a spacious 1200+ square foot, two-bedroom, one-bathroom residential unit, previously used as both a residence and additional office/clinic space. The property sits on a 0.35-acre lot, encompassing five separate land parcels as indicated by public records. While the property address is listed as 2600 Macdonald Avenue, there are multiple entry points accessible from Broadway and 26th Street, with the residential component also identified as 250 26th Street. Currently 100% vacant, this property offers significant potential for redevelopment or immediate occupancy. Its prime location, just six blocks from BART, ensures convenient access to public transportation, city offices, and local schools. Both the office and residential components benefit from separate PG&E and EBMUD meters. This presents a rare chance to acquire a versatile property in a thriving urban area.

• CAP approach

  CAP return

  Valuation

  6%

  $1,540,201

  6.5%

  $1,421,724

  7%

  $1,320,172

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,030,148

  Geo Method

  $1,565,801

• Alternative Use

  Use

  Valuation

  Residential

  $1,762,938

  Hospitality

  $1,614,841

  Educational

  $1,343,529

  Medical

  $1,389,735

  Retail

  $2,089,934

Location Insight

City

Richmond

County

Contra Costa

State

California

Latitude

37.9349

Longitude

-122.344

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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