415 Railroad Ave Pittsburg, CA 94565-2246
This exceptional mixed-use property, located at 415 Railroad Ave in Pittsburg, California, presents a compelling investment opportunity. The 13,806 square foot building, constructed in 1922, sits on a 0.22-acre lot and boasts a Class B designation. Previously utilized as a bank, the versatile space is currently configured as office and retail space, offering significant potential for a variety of uses. The property's prime location in downtown Pittsburg, steps from the waterfront, ensures high visibility and accessibility. The asking price is $1,798,000, representing a compelling $130.23 per square foot and a 6.00% cap rate. The property's APN is 085-109-009-2. With its substantial size, desirable location, and strong financial metrics, this property is an ideal acquisition for both established businesses and astute investors seeking a prominent presence in a thriving California market. The building's adaptable layout allows for customization to suit diverse business needs, making it a truly unique and valuable asset. The property's potential extends beyond its current configuration, presenting opportunities for creative redevelopment and expansion. This is a rare chance to acquire a significant commercial property in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.