MLS® ID: 40882754

445 23Rd St

RICHMOND, California, 94804

$1,800,000 Active
  • 23064 SQFT
This property is being sold together with 435 and 457 23rd Street (see separate listings) for the full price of $1,800,000. Great development opportunity, good for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with 4.5% CAP rate and room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare. Per the public records, this lot includes a small 120 sf building and currently houses an auto repair business. In practice, the auto business shares building space with the grocery store. Per the City of Richmond, Zoning for these 3 parcels is CM-5 Commercial Mixed-Use, Activity Center. This district is intended for mid-and high-rise mixed-use development at major activity centers (i.e., Richmond Civic Center, BART) to serve the community, residents and businesses. Office, retail, entertainment and residential uses are allowed.
Read More

Listing courtesy of FEAGLEY REALTORS

Amenities

  • Zip
    94804
  • Office name
    FEAGLEY REALTORS
  • SQFT
    23064
  • Property type
    Comm Ind For Sale
  • Zoning type
    CM-5
  • Year built
    1944
  • Lot size
    0.13
  • Agent name
    LYNSON BEAULIEU
  • Tax amount
    $ Yes
  • Purchase Type
    Active
  • Price Range
    $1.75m-$2m
  • Square Feet Range
    7000+ sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    6753

Location

We use cookies to enhance your browsing experience and deliver our services. By continuing to visit this site, you agree to our use of cookies. More info