511 3rd St Rodeo, CA 94572-1112
This exceptional commercial property located at 511 3rd Street, Rodeo, CA, presents a unique investment opportunity. The 8,472 square foot building sits on a 0.17-acre lot (7,500 square feet) and boasts a rich history, having served as a cornerstone of the local business community since 1934. Last sold in 1976, this property is now available for purchase at $2,495,000. Currently occupied by Third Street V-Twin Parts, a well-established business specializing in Harley-Davidson parts and accessories, including a machine shop with front-end machining capabilities, the building offers a strong foundation for continued success in its current configuration. The property also includes a substantial residential unit, featuring three bedrooms and one bathroom. This living space has been recently updated with new kitchen appliances and a full laundry room, providing ample space for on-site living or potential rental income. The property further benefits from full roof access, presenting additional development possibilities. Whether you envision continuing the existing business, utilizing the residential space, or undertaking a complete repurposing of the building, this property offers unparalleled potential in a prime Rodeo location.
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3rd Street V-Twin Parts Auto Parts Store Motorcycle Shop
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
Property description
Physical attributes from public recordsZoning & alternative use
P-1 · Rodeo, CARodeo. Always verify with local authorities before improvements.
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.