Mixed-Use Building with
For Sale
$750,000
3305 Macdonald, Richmond, CA 94805
Commercial Sale, Richmond, CA
Property Size1,972 SF
Lot Size0.11 Acres
Price / SF$380.32
Days on Market66
Property Features for 3305 Macdonald
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
mixed use
Parking features
On Street
Exterior features
Paved Yard
Subdivision
Ne Richmond
Lot features
Corner Lot, City Lot
Directions
80 to barrett to 33rd to corner macdonald..
Standard status
Active
APN
5161910061
Size
1,972 SF
Lot size
0.11 Acres
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
2000
Floors in Building
2
Flooring type
Tile, Concrete
Building materials
Siding - Stone
Listing Agency:
Security Pacific Real Estate
(510) 222-8340
Listed By:
Pat Prendiville · License #00554722
(510) 851-4663
Added: Aug 11
Changed: Sep 12
Last Checked: Oct 15 at 6:06AM
MLS# 41144625
Copyright © 2026 Contra Costa Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1,972-square-foot mixed-use building, constructed in 2000, combines a former restaurant with multipurpose interior areas and two studio apartments on the upper level. Some restaurant equipment and a walk-in freezer may remain, without warranty. Interior finishes include concrete and tile flooring, while the exterior uses stone siding.
The property occupies 0.1148 acres and has mixed use zoning. A private fenced parking lot and paved yard provide on-site exterior space, with additional on-street parking listed. Public water and public sewer serve the property, and natural gas heating is in place.
The property occupies 0.1148 acres and has mixed use zoning. A private fenced parking lot and paved yard provide on-site exterior space, with additional on-street parking listed. Public water and public sewer serve the property, and natural gas heating is in place.
Key Highlights
- 1,972‑square‑foot mixed‑use building constructed in 2000
- Two studio apartments above a former restaurant
- Some restaurant equipment and a walk‑in freezer may remain, without warranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,710
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,200
$594.2K
Cap Rate 7%
$424,429
$424.4K
Cap Rate 9%
$330,111
$330.1K
Market Conditions
NOI Build-Up for 1,972 SF
Gross rent
$42.6K $21.60/SF
− Vacancy
−$3.0K −$1.51/SF
EGI
$39.6K $20.09/SF
− OpEx
−$9.9K −$5.02/SF
NOI
$29.7K $15.07/SF
Area
Richmond, CA
Vacancy
7.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$594,200
Cap Rate 7%
$424,429
Cap Rate 9%
$330,111
Alternative Uses
Best Use
Specialty Retail
$424.4K
$371.4K – $495.2K
NOI $29,710 @ 7.0% cap · market cap 3.96%
Second Best
Apartment 5plus
$408.1K
$357.1K – $476.1K
NOI $28,567 @ 7.0% cap · market cap 3.81%
Theoretical Best
Multifamily LT 5
$471.1K
$412.2K – $549.6K
NOI $32,977 @ 7.0% cap · market cap 4.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,417
Businesses Nearby
Explore this area
Business Placement
Demographics for 94805, CA
14,958
Population
6,076
Households
2.5
Avg Household Size
41
Median Age
44%
College-Educated
86%
High-School Grad
1.9 sq mi
ZIP Area
7,873
Density / Sq Mi
$114,191
Median Household Income
$57,133
Median Earnings
$2,272
Median Rent
$738,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Former restaurant space includes two studio apartments, multipurpose areas, and a private fenced parking lot.
Where is this mixed-use property located?
The property is located at 3305 Macdonald Richmond, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,972‑square‑foot mixed‑use building constructed in 2000; Two studio apartments above a former restaurant; Some restaurant equipment and a walk‑in freezer may remain, without warranty
