Multi-Tenant Office Building in
3978 Railroad Ave Pittsburg, CA 94565
For Sale
$750,000
Multi-tenant office building with income potential in Pittsburg, California.
Property Size3,200 SF
Price / SF$234.38
Days on Market323
Property Features for 3978 Railroad Ave
General Information
- Standard status
- Active
- Size
- 3,200 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1976
Listing Agency:
KINETIC REAL ESTATE
(925) 849-4955
Listed By:
LUIS VELASCO · License #01931986
Source:
Corcoran
Added: Sep 6, 2025
Changed: Jul 6
Last Checked: Jul 24 at 9:34AM
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 KINETIC REAL ESTATE
Investment Insights
Based on property information with market context.
Located in the heart of Pittsburg, 3978 Railroad Avenue presents an opportunity for either an owner-user or investment. This well-maintained multi-tenant office building has a total area of approximately 3,200 square feet and is divided into three separate units. This configuration offers income stability alongside potential leasing upside. Currently, two units are occupied by established tenants, providing consistent rental income. One unit is vacant and equipped as a barber shop, making it suitable for immediate lease-up or for an owner-user. The building's flexible layout and zoning accommodate various professional service, retail service, or office uses. The property includes a parking lot with 17 parking stalls.
Key Highlights
- Multi‑tenant office building with income from established tenants.
- Vacant unit built out as a barber shop, ideal for immediate lease‑up or owner‑user.
- Flexible layout and zoning supports various professional, retail, or office uses.
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.1k | $29.40 |
| − Vacancy | −$16.9k | −$5.29 |
| EGI | $77.1k | $24.11 |
| − OpEx | −$19.3k | −$6.03 |
| NOI | $57.9k | $18.08 |
3,200 SF · lease $29.40/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$826.6K
$723.2K – $964.3K
NOI $57,859 @ 7.0% cap · market cap 7.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,672 @ 7.0% cap · market cap 11.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
FAQs
What type of property is this?
Office building - Multi-tenant office building with income potential in Pittsburg, California.
Where is this office building located?
The property is located at 3978 Railroad Ave Pittsburg, 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: Multi‑tenant office building with income from established tenants.; Vacant unit built out as a barber shop, ideal for immediate lease‑up or owner‑user.; Flexible layout and zoning supports various professional, retail, or office uses.
