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Property profile & analytics
OFF-MARKET Estimated value $655,000
Retail space

544 Harbour Way 550 Richmond, CA 94801-2746

4,486 SF 0.12 ac lot Built 1948
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3860249
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,486 square foot commercial property located at 544 Harbour Way, Richmond, CA. Situated on a 0.12-acre lot, this property offers a unique blend of commercial uses, perfectly suited for savvy investors seeking strong returns. The building is currently divided into two equal halves, each comprising 2,549 square feet. One half is designated for retail use, while the other is dedicated to multi-family residential. This dual-use configuration provides significant flexibility and potential for diverse income streams. The property's strategic location in Richmond, CA, offers easy access to major transportation routes and a thriving local market. The asking price is $999,000, representing a compelling entry point for investors looking to capitalize on the robust Richmond commercial real estate market. The balanced split between retail and multi-family units minimizes risk and maximizes potential rental income. This property is an excellent choice for those seeking a stable, diversified investment with significant upside potential. The existing structure is well-maintained and ready for immediate occupancy, offering a seamless transition for new owners. Don't miss this chance to acquire a high-value asset in a dynamic and growing market. Serious inquiries only.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1948
Total area 4,486 SF
Lot 0.12 ac (5,350 SF)
Zoning code C-1
APN 534-340-023-9
UPID US09-3860249
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • LibertyX Bitcoin ATM Atm
  • Mi Pueblo Market Grocery & Convenience Store Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$886k
Blend (final) Blend
$655k
Owner & transaction history
Ahmed S Dobashi · 8 yrs held
Ahmed S Dobashi
since 2018
7 recorded transactions
2024
Price N/A
2018
Price N/A
2017
$540,000
2017
Price N/A
2008
$450,000
2005
$250,000
2005
Price N/A
Zoning & alternative use
C-1 · Richmond, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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