$3,050,000
$3,000,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
1.71 Acres Lot
SOLD DATE : 08/01/2024
Key Details
Sold Price $3,050,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41057535
Sold Date 08/01/24
HOA Y/N No
Year Built 1963
Annual Tax Amount $42,753
Lot Size 1.710 Acres
Property Description
The industrial lot w existing building allows for an extremely rare opportunity to own an Industrial Mixed Use (IMU) zoned location on a large 1.71 acre parcel of land with 4,996 sq. ft. building. The current tenant has occupied the property for decades and with the lease approaching expiration, it allows either an investor the opportunity to rent the property at current market rate or an owner-user the ability to occupy the property. Being in the heart of San Pablo in the East Bay, the property allows incredible access throughout the major thoroughfares and only a short distance to major railways and ports. Current Cap - 3.05% | Pro Forma Cap - 7.76%
Location
State CA
County Contra Costa
Zoning IMU
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available
Total Parking Spaces 999
Others
Tax ID 4100110057
Financing Other
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Michelle Esquivel
michelle@michellehomesellingteam.comOur team is ready to help you sell your home for the highest possible price ASAP
Bought with OUT OF AREA • OUT OF AREA
michelle@michellehomesellingteam.com
515 S Myrtle Ave, Monrovia, CA, 91016, USA