Mixed-Use Property with Beer
For Sale
$800,000
809 W 2Nd St, Antioch, CA 94509
Residential Income, Antioch, CA
Property Size2,773 SF
Lot Size0.16 Acres
Price / SF$288.50
Days on Market160
Property Features for 809 W 2Nd St
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Parking features
Parking Lot, Off Street
Fencing
Fenced
Lot features
Premium Lot
Directions
West 2 Nd St from L
Subdivision
Listing
Standard status
Active
APN
0660920133
Size
2,773 SF
Lot size
0.16 Acres
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Year built
1906
Number of units
2
Flooring type
Laminate
Building materials
Stucco
Listing Agency:
Keller Williams Realty
(925) 855-8333
Listed By:
Istvan Sonkoly · License #01119158
(925) 586-0963
Added: Mar 25
Changed: Aug 19
Last Checked: Aug 31 at 3:06AM
MLS# 41128407
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,773-square-foot mixed-use property, built in 1906, combines two residential units with ground-floor commercial space occupied by a beer garden. The residential layout includes one two-bedroom, one-bath unit and one one-bedroom, one-bath unit. Both residences have refreshed interiors and modern appliances. The commercial occupant has a five-year lease that began in May 2024 and pays its own utilities.
The property is located at 809 W 2nd St in Antioch, California, on a 0.1607-acre double lot. Parking is provided through an on-site lot and off-street spaces, while fencing, public water, and public sewer serve the property. City approval for mixed-use is noted, along with potential for an 11-22 unit condo project.
The property is located at 809 W 2nd St in Antioch, California, on a 0.1607-acre double lot. Parking is provided through an on-site lot and off-street spaces, while fencing, public water, and public sewer serve the property. City approval for mixed-use is noted, along with potential for an 11-22 unit condo project.
Key Highlights
- 2,773‑square‑foot mixed‑use property on a 0.1607‑acre double lot
- Two residential units: one 2‑bed/1‑bath and one 1‑bed/1‑bath
- Ground‑floor beer garden commercial space with a 5‑year lease beginning May 2024
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,860
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$977,200
$977.2K
Cap Rate 7%
$698,000
$698.0K
Cap Rate 9%
$542,889
$542.9K
Market Conditions
NOI Build-Up for 2,773 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$68.2K $24.60/SF
− Vacancy
−$3.1K −$1.11/SF
EGI
$65.1K $23.49/SF
− OpEx
−$16.3K −$5.87/SF
NOI
$48.9K $17.62/SF
Area
Antioch, CA
Vacancy
4.50%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$977,200
Cap Rate 7%
$698,000
Cap Rate 9%
$542,889
Alternative Uses
Best Use
Specialty Retail
$698.0K
$610.8K – $814.3K
NOI $48,860 @ 7.0% cap · market cap 6.11%
Second Best
Apartment 5plus
$630.4K
$551.6K – $735.5K
NOI $44,127 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$840.0K
$735.0K – $980.0K
NOI $58,799 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Explore this area
Business Placement
Demographics for 94509, CA
69,931
Population
24,048
Households
2.9
Avg Household Size
36
Median Age
19%
College-Educated
82%
High-School Grad
17.4 sq mi
ZIP Area
4,019
Density / Sq Mi
$81,512
Median Household Income
$42,401
Median Earnings
$2,052
Median Rent
$565,300
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two updated residences accompany leased ground-floor commercial space in a fenced property with on-site and off-street parking.
Where is this mixed-use property located?
The property is located at 809 W 2Nd St Antioch, CA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,773‑square‑foot mixed‑use property on a 0.1607‑acre double lot; Two residential units: one 2‑bed/1‑bath and one 1‑bed/1‑bath; Ground‑floor beer garden commercial space with a 5‑year lease beginning May 2024
