1617 San Pablo AvePinole, CA 94564

Property Details for 1617 San Pablo Ave

Year built

1975

Lot size

0.18 AC

Property size (Sq ft)

3,966 SF

Property type

Office properties

Property subtype

Office buildings

APN

401-100-051-2

APU

4011000512

Description

This exceptional investment opportunity presents three commercial buildings situated on a 0.67-acre lot at the highly visible corner of San Pablo Avenue and Appian Way in Pinole, CA. The property boasts a diverse income stream generated by a well-established liquor store and two office buildings. One office building comprises four units, while the other offers eight units, providing a total of twelve individual rental spaces. Ample parking is available with 27 shared spaces supplemented by convenient street parking. This prime location ensures consistent high traffic throughout the day, maximizing rental potential and tenant occupancy. The buildings were constructed in 1971, 1975, and 1979, according to public records. This established property offers a strong foundation for immediate income generation and long-term growth. The asking price is $2,195,000. Interested parties should proceed through appropriate channels to arrange property access. Please respect the privacy of current tenants and refrain from direct contact. This is a rare chance to acquire a well-positioned, multi-building commercial property in a thriving area. The property's diverse tenant mix and high visibility make it an attractive investment for both seasoned and emerging commercial real estate investors. The substantial parking provision further enhances the property's appeal and functionality.

• CAP approach

  CAP return

  Valuation

  6%

  $1,088,072

  6.5%

  $1,004,374

  7%

  $932,633

• Comparable approach

  Method

  Valuation

  Relative Method

  $727,746

  Geo Method

  $1,106,157

• Alternative Use

  Use

  Valuation

  Residential

  $1,245,424

  Hospitality

  $1,140,802

  Educational

  $949,134

  Medical

  $981,776

  Retail

  $1,476,430

Location Insight

City

Pinole

County

Contra Costa

State

California

Latitude

38.0039

Longitude

-122.298

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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