3811 Railroad Ave, Pittsburg, CA 94565

This fully occupied commercial property presents a value-added investment opportunity, generating approximately 4.5% annual rent with NNN leases that increase yearly. The property currently operates at an 8% cap rate, supported by a stable tenant base consisting of service-oriented businesses. The current annual income is $226,000, with low maintenance costs. Remodeling was completed in 2013 and 2016, including replacement of the roof and HVAC units. Tenants are responsible for all interior maintenance, repairs, and replacements, including HVAC systems and storefront glass. The property is located on a busy major street, near shopping, BART, freeway access, and schools, situated within the city's business district and adjacent to a residential neighborhood. Built in 1963 and remodeled in 2013 and 2016, the building encompasses 5950 square feet on a 22463.79 square foot lot. On-site parking is available with 26 spaces, providing more than 4 spaces per unit. The property's APN/Tax ID is 088-072-068-5. A vacant lot behind the parking area is also for sale, zoned for neighborhood commercial/high-density residential use, potentially allowing for the construction of up to 45 units; confirmation with the city is advised. This offers opportunities for expansion or development. The bike score is 4, indicating it is somewhat bikeable, and the walk score is 14, indicating car-dependent.