Property summary
This unique light-industrial property in Richmond, CA, offers a compelling investment opportunity. The site encompasses approximately 0.12 acres and includes two separate buildings totaling approximately 2,400 square feet. The larger warehouse, roughly 1,800 square feet, is ideal for an owner-user. It boasts office space, a bathroom, and convenient front and rear grade-level roll-up doors allowing for drive-through access to the rear yard. This building will be vacant by the end of September. The second building, approximately 600 square feet, features its own grade-level roll-up door and workshop space with an attached vestibule. Currently leased on a month-to-month basis, this provides immediate rental income potential. The entire parcel is zoned RM2, with a grandfathered light industrial use designation, presenting strong live/work potential. This versatile property is priced at $595,000 and presents a rare chance to acquire a well-located, established light industrial space in a thriving area. The combination of a spacious warehouse, a smaller income-generating building, and the flexible zoning makes this an exceptional opportunity for a variety of uses. The property's features, including the drive-through access and ample space, make it highly attractive to a range of businesses.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M2 · Richmond, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for M2 in Richmond, CA.
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