311-319 Railroad Ave Pittsburg, CA 94565
- Retail properties
- 8,556 SF
- 0.14 lot acres
Current Use by Public Records
- Retail properties
Property Details for 311-319 Railroad Ave
- Year built
- 1911
- Lot size
- 0.14 lot acres
- Property size
- 8,556 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional mixed-use property, located at 311-319 Railroad Avenue in Pittsburg, California (zip code 94565), presents a compelling investment opportunity. The 8,556 square foot building, constructed in 1911, boasts a desirable C-2 zoning designation and sits on a 0.14-acre lot (APN 085-108-001). Currently operating at 100% occupancy, this two-story building offers a blend of retail space on the ground floor and traditional office space on the upper level, providing a unique and versatile layout. The asking price is $1,249,000, translating to a price per square foot of $145.98 and an attractive 10.00% capitalization rate. This property is classified as Class C and presents a strong potential for future appreciation and income generation. Its prime location in Contra Costa County offers excellent visibility and accessibility, making it an ideal investment for both seasoned and emerging investors seeking a high-return, mixed-use asset in a thriving California market. The building's solid construction and consistent occupancy history further enhance its appeal. This is a rare opportunity to acquire a well-positioned, income-producing property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburg
- County
- Contra Costa
- State
- California
- Longitude
- -121.883
- Latitude
- 38.0332