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2221 Railroad Ave Pittsburg, CA 94565

Sponsored
For Sale
$3,288,000

High-yield, 12-unit commercial property.

Description

Added:
Feb 3, 2025
Days on Market:
337
This exceptional investment opportunity presents a 12-unit commercial property situated on a 0.66-acre lot at 2221 Railroad Ave in Pittsburg, CA. Priced at $3,288,000, this property offers a compelling 8% capitalization rate, driven by a stable tenant base primarily comprised of service-oriented businesses. Eleven of the twelve units are currently rented, with the remaining unit utilized for storage, presenting a potential for immediate additional income. Tenants are responsible for all interior maintenance and repairs, minimizing owner responsibilities. Annual rent and CAM charges experience a consistent 4-4.5% yearly increase, ensuring a steadily growing return on investment. The property enjoys a high occupancy rate and benefits from a prime location on a busy thoroughfare, adjacent to a Starbucks and in close proximity to major freeway access, schools, and BART. This value-added investment is poised for continued success, offering a strong foundation for long-term growth and profitability. The property's strategic location and stable tenancy make it an attractive proposition for discerning investors seeking a reliable and high-yielding asset. The current owner's proactive management has established a solid foundation for future success.

Property Features for 2221 Railroad Ave

General Information

Property type
Other commercial real estate
Lot Size
28,750 SF

Building Details

Year Built
1989

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pittsburg
County
Contra Costa
State
California
Longitude
-121.8899
Latitude
38.0136

FAQs

What type of property is this?
Commercial real estate - High-yield, 12-unit commercial property.
Where is this commercial real estate located?
The property is located at 2221 Railroad Ave Pittsburg, CA.
What is the asking price?
The asking price for this property is $3,288,000.
More about this property
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