415 Railroad Ave Pittsburg, CA 94565
- Office buildings
- 13,806 SF
- 0.22 lot acres
Current Use by Public Records
- Office buildings
Property Details for 415 Railroad Ave
- Year built
- 1922
- Construction
- CONCRETE
- Lot size
- 0.22 lot acres
- Property size
- 13,806 SF
- Property type
- Office buildings
- APN
- 085-109-009-2
- APU
- 851090092
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pittsburg
- County
- Contra Costa
- State
- California
- Longitude
- -121.883
- Latitude
- 38.0323
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
