12488 San Pablo Ave Richmond, CA 94805
This exceptional mixed-use property, situated on a 0.28-acre corner lot at 12488 San Pablo Ave in Richmond, CA, presents a lucrative investment opportunity. Built in 1946, the building offers a unique blend of commercial and residential space. The ground floor comprises four units: two office spaces and two retail units, each offering distinct possibilities for various businesses. The layout is designed for optimal functionality and tenant separation. Upstairs, a spacious three-bedroom, two-bathroom apartment provides additional income potential or comfortable owner-occupied living quarters. The property features a fenced and gated parking area, thoughtfully divided to accommodate both retail customers and residents. A private yard and a two-car garage add to the property's appeal. Its prime corner lot location ensures excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a high-traffic area. The property's versatility, combined with its desirable location and ample parking, makes it a strong contender in the Richmond commercial real estate market. This is a rare opportunity to acquire a well-established, income-generating property with significant upside potential. The asking price is $1,195,000.
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Metztli Clothing & Fashion Store
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Burton Builders LLC Construction Company General Contractor
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GR Innovative Builders Inc. Construction Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.