2 17th St Richmond, CA 94801-3610
This exceptional commercial property, located at 2 17th Street in Richmond, California, presents a unique investment opportunity. The property encompasses a 0.39-acre lot and features a wood-framed industrial warehouse with a durable metal exterior. The warehouse boasts two convenient grade-level roll-up doors, providing easy access for loading and unloading. Power is robust, with 800-amp 3-phase service available. Adding significant versatility, the property includes two mezzanine levels, totaling approximately 2148 square feet (per appraisal). One mezzanine level offers a substantial build-out, complete with a fully equipped kitchen, a bathroom, and a dedicated recreational area, ideal for employee use or potential conversion to office space. The property also benefits from a large, fenced yard, offering ample secure outdoor space for storage or operations. Currently zoned RM2, the property enjoys grandfathered light industrial use status per the City of Richmond. This allows for flexible industrial uses, although buyers are advised to independently verify permitted uses with the city. Various equipment and fixtures may be included in the sale, providing a potential cost savings for the new owner. The asking price for this well-maintained and versatile property is $1,525,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.