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Property profile & analytics
OFF-MARKET
Commercial real estate

12488 San Pablo Ave Richmond, CA 94805

0.28 ac lot Built 1946
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1946
Lot 0.28 ac (12,197 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Metztli Clothing & Fashion Store
  • Burton Builders LLC Construction Company General Contractor
  • GR Innovative Builders Inc. Construction Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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