Back to Search

Auto Body Facility with Paint Booth

245 24th St Richmond, CA 94804

245 24th St, Richmond, CA, 94804

$1,300,000

For Sale

$1,300,000

Auto body facility with grandfathered paint booth in Richmond, CA.

Property Size4,000 SF

Price / SF$325

AddedApr 11

Days on Market96

Last RefreshJul 15 at 11:14 am

Property Features for 245 24th St

General Information

Standard status: Active
Size: 4,000 SF
Property subtype: Commercial

Building Details

Year Built: 1947

Listing office EXP REALTY OF SOCAL, INC.

Listing date Apr 11, 2026

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of EXP REALTY OF SOCAL, INC.

Investment Insights

Based on property information with market context.

This is a rare opportunity to acquire a fully built-out auto body facility at 245 24th Street in Richmond, California. The approximately 4,000 SF building (seller estimates ~4,500 SF, buyer to verify) is configured for efficient automotive production, with dedicated areas for prep, bodywork, painting, and finishing. The property features a grandfathered heated downdraft paint booth, making it highly attractive for automotive operators and specialized industrial users. The layout supports multi-stage workflow and simultaneous vehicle processing, providing operational functionality beyond typical small-shop configurations. The facility includes dual access points from 24th Street and Exchange Boulevard, allowing for efficient vehicle flow.

Key Highlights

Rare Grandfathered Heated Downdraft Paint Booth: Difficult to replicate.
Fully Built‑Out Auto Body Facility: Ready for immediate operation.
Efficient Automotive Production Configuration: Dedicated areas for prep, bodywork, painting, and finishing.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$84.0k	$21.00
− Vacancy	−$7.1k	−$1.79
EGI	$76.9k	$19.22
− OpEx	−$23.1k	−$5.76
NOI	$53.8k	$13.45

4,000 SF · lease $21.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use

Retail

$768.6K

$672.5K – $896.7K (±1% cap)

NOI $53,802 @ 7.0% cap · market cap 4.14%

Second Best

Industrial

$354.6K

$310.2K – $413.7K (±1% cap)

NOI $24,819 @ 7.0% cap · market cap 1.91%

Theoretical Best

Multifamily LT 5

$955.6K

$836.1K – $1.11M (±1% cap)

NOI $66,891 @ 7.0% cap · market cap 5.15%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Auto shops

Suggested Use

Similar For Sale Nearby

$975,000

4,535 SF

Multi-Suite Office Building

4,535 SF office building built in 1991 with five suites and 80% occupancy.

116 Washington Avenue, Richmond, CA 94801

View Details
$995,000

4,488 SF

Richmond Multifamily Investment Opportunity

Four units near transit with income and upside potential.

1401 Bissell Ave, Richmond, CA 94801

View Details
$589,000

1,614 SF

Duplex with Vacant Move-In Unit

One unit is vacant and move-in ready, supporting owner-occupancy while the other unit provides rental income.

3008 Center Avenue, Richmond, CA 94804

View Details
$750,000

1,332 SF

Richmond Duplex: Investment and Living

Well-maintained Richmond duplex with income potential and updated features.

1003-1011 Lassen St, Richmond, CA 94805

View Details
$930,000

3,288 SF

Richmond Fourplex: Investment Opportunity

Four-unit property in Richmond with strong rental demand and upside.

100 S 21st street, Richmond, CA 94804

View Details
$979,999

3,576 SF

Modern Triplex with In-Unit Laundry

All three units are vacant and move-in ready, with in-unit washer and dryer and private garages behind a gated entry.

125 12th St, Richmond, CA 94801

View Details
$950,000

4,124 SF

Mixed Use - Richmond, CA

671 9Th St, Richmond, CA 94801

View Details
$1,300,000

Warehouse with Office and Garage Bays

Well-equipped warehouse with offices, kitchen, and dual garage bays, designed for operational and storage flexibility.

10301034 Ohio Avenue, Richmond, CA 94804

View Details
$849,000

6,312 SF

Versatile Commercial Building in Richmond

6,312 SF commercial building with three units and parking.

2809 Macdonald AVE, Richmond, CA 94804

View Details
$690,000

1,974 SF

Renovated 2-Unit Residential Income

Completely renovated duplex with two 3-bedroom, 1-bath units, each with appliances and in-unit laundry.

423 Silver Ave, Richmond, CA 94805

View Details
$695,000

1,630 SF

Classic Spanish-Style Duplex with Patios

Well-maintained duplex with two separate units, private entries, garages, and outdoor space—ready for immediate occupancy or rental.

1532 Mariposa St, Richmond, CA 94804

View Details
$1,530,000

11,381 SF

Freestanding Industrial/Commercial Building For Sale

Freestanding commercial building with secure access, parking, and private yard.

4800 Bissell Avenue, Richmond, CA 94805

View Details

Similar Off Market Nearby

Baja Tire — 1401 Cutting Blvd, Richmond, CA 94804
Ledesma Performance Auto Repair — 1333 Cutting Blvd, Richmond, CA 94804
VELOCITY MOBILE AUTO GLASS — 2531 Cutting Blvd, Richmond, CA 94804
Felix Auto Repair — 1401 Cutting Blvd, Richmond, CA 94804
Pine Towing — 363 S 36th St, Richmond, CA 94804

For sale
Auto shops
CA
Richmond
94804
245 24th ST

What type of property is this?

Auto shop - Auto body facility with grandfathered paint booth in Richmond, CA.

Where is this auto shop located?

The property is located at 245 24th St Richmond, CA.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: Rare Grandfathered Heated Downdraft Paint Booth: Difficult to replicate.; Fully Built‑Out Auto Body Facility: Ready for immediate operation.; Efficient Automotive Production Configuration: Dedicated areas for prep, bodywork, painting, and finishing.