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2221 Railroad Ave Pittsburg, CA $ 4,480,000
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$ 4,480,000 Get more info
2221 Railroad Ave
$ 4,480,000
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2221 Railroad Ave

Pittsburg, CA, 94565
$ 4,480,000
Baths0.0 Sq 10,624

Monthly Estimate*

$ 31,294

2221 Railroad Ave, Pittsburg, CA 94565 - Image 1
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Studio

Commercial Property for sale in Pittsburg, CA

for $4,480,000. This 10,624 square foot building was built in 1989 on a lot size of 0.660009.

A value added investment opportunity (with 4%-4.5% annual rent and cam increasing every year). Very stable tenant base, most of units are occupied by service type tenants. Tenants are responsible for all interior maintenance and repair. 6.1% investment return cap rate. High occupancy rate. Currently 12 units with 11 units are rented. the only vacant unit is used for storage. New owner may choose to rent it out for extra income. On major very busy street, next to Starbucks, close to freeway, schools.

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Commercial Active

Price

$ 4,480,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Retail

Lot Size

0.660009

Year Built

1989

Town/City

Pittsburg

County/Region

Contra Costa

MLS | Web ID

41046945
Features
General
Roof Rolled/Hot Mop Other Fiberglass
Zoning cn
Construction Materials Stucco Frame
Year Built 1989
Property SubType Retail
County Contra Costa
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
Directions Hwy4 exit Railroad
City Pittsburg
MLS Area Listing
Lot Size Square Feet 28750
Street Name Railroad Ave
Standard Status Active
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Exterior
Parking Features Private Lot
Lot Features Mid-Block BART Nearby City Lot Commercial Freeway Nearby
Lot Size Area 28750
Lot Size Acres 0.66
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* Excluded Features
List By
Richard Mao

Listing Agent

Promax Investment & Develop

Broker

promax888@hotmail.com

Email

Affordability Calculator

$31,294
Per Month
100%
0%
0%
Monthly Principal & Interest
$31,294
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/20/2024$4,480,000 -6.67% Price Down
1/7/2024$4,800,000 Listed Price

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2221 Railroad Ave, Pittsburg, CA, 94565 is a Commercial Property for sale at $4,480,000 with 10,624 sqft and a lot size of 0.660009. 2221 Railroad Ave is a studio with 0.0 baths and was built in 1989. The property's zip code is 94565 which is in Pittsburg, CA

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