Flex Space with Industrial
For Sale
$1,500,000
253 S 25th Street, Richmond, CA 94804
Versatile property combines residential accommodations with substantial workspace and industrial utility.
Property Size6,468 SF
Days on Market49
Property Features for 253 S 25th Street
General Information
Standard status
Active
Size
6,468 SF
Total Parking Spaces
8
Property subtype
Mixed Use
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
3
Power
400 amps
Three-Phase Power
Yes
Amenities
kitchen/break room
laundry area
courtyard
shed
perimeter fence
automatic gate
Building Details
Building Size
6,468 SF
Year Built
1982
Listing Agency:
Compass
Listed By:
Christopher Stein
(415) 328-0792
Source:
Bonniespindler
Added: Sep 4
Changed: Oct 21
Last Checked: Oct 21 at 4:11AM
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 Compass
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Investment Insights
Based on property information with market context.
Built in 1982, this 6,468-square-foot flex property combines residential accommodations with a substantial industrial-style workspace. The residential component includes one conforming 1-bedroom/1-bath unit and two additional non-conforming units, each with refreshed kitchens and bathrooms. The commercial area includes three roll-up doors, a 400-amp, three-phase electrical service, high-pressure compressed air, extensive exhaust equipment, industrial lighting, tall ceilings, and multiple skylights. An expansive loft, kitchen/break room, laundry area, two half bathrooms, and a full bathroom with shower stall add functional support space.
The property includes eight parking spaces, perimeter fencing, an automatic gate, and a separately fenced outdoor area with a built-out shed. A landscaped courtyard provides additional outdoor space. Located at 253 S 25th Street in Richmond, the property is near Boorman Park in a South Richmond setting where residential, commercial, and industrial uses converge. Residential and non-conforming unit uses remain subject to applicable zoning and regulatory requirements.
The property includes eight parking spaces, perimeter fencing, an automatic gate, and a separately fenced outdoor area with a built-out shed. A landscaped courtyard provides additional outdoor space. Located at 253 S 25th Street in Richmond, the property is near Boorman Park in a South Richmond setting where residential, commercial, and industrial uses converge. Residential and non-conforming unit uses remain subject to applicable zoning and regulatory requirements.
Key Highlights
- 6,468‑square‑foot flex property built in 1982
- One conforming 1‑bedroom/1‑bath unit plus two non‑conforming units
- Industrial workspace with three commercial‑style roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,874
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,480
$1.7M
Cap Rate 7%
$1,198,200
$1.2M
Cap Rate 9%
$931,933
$931.9K
Market Conditions
NOI Build-Up for 6,468 SF
Gross rent
$147.5K $22.80/SF
− Vacancy
−$13.3K −$2.05/SF
EGI
$134.2K $20.75/SF
− OpEx
−$50.3K −$7.78/SF
NOI
$83.9K $12.97/SF
Area
Richmond, CA
Vacancy
9.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,677,480
Cap Rate 7%
$1,198,200
Cap Rate 9%
$931,933
Alternative Uses
Best Use
Mixed Use
$1.20M
$1.05M – $1.40M
NOI $83,874 @ 7.0% cap · market cap 5.59%
Second Best
Office B
$1.15M
$1.00M – $1.34M
NOI $80,202 @ 7.0% cap · market cap 5.35%
Theoretical Best
Multifamily LT 5
$1.55M
$1.35M – $1.80M
NOI $108,163 @ 7.0% cap · market cap 7.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
3
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,265
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 94804, CA
45,108
Population
16,659
Households
2.7
Avg Household Size
37
Median Age
32%
College-Educated
78%
High-School Grad
6.5 sq mi
ZIP Area
6,940
Density / Sq Mi
$86,430
Median Household Income
$46,473
Median Earnings
$1,825
Median Rent
$618,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
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- Fuailela's Catering — 530 33rd St, Richmond, CA 94804
Frequently Asked Questions
What type of property is this?
Flex space - Versatile property combines residential accommodations with substantial workspace and industrial utility.
Where is this flex space located?
The property is located at 253 S 25th Street Richmond, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 6,468‑square‑foot flex property built in 1982; One conforming 1‑bedroom/1‑bath unit plus two non‑conforming units; Industrial workspace with three commercial‑style roll‑up doors
