Bought with OUT OF AREA • OUT OF AREA
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1701 Rumrill Blvd San Pablo, CA 94806
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Key Details
Sold Price $3,050,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 4,996 sqft
Price per Sqft $610
MLS Listing ID 41057535
Sold Date 08/01/24
HOA Y/N No
Originating Board CONTRA COSTA
Year Built 1963
Lot Size 1.710 Acres
Property Description
The industrial lot w existing building allows for an extremely rare opportunity to own an Industrial Mixed Use (IMU) zoned location on a large 1.71 acre parcel of land with 4,996 sq. ft. building. The current tenant has occupied the property for decades and with the lease approaching expiration, it allows either an investor the opportunity to rent the property at current market rate or an owner-user the ability to occupy the property. Being in the heart of San Pablo in the East Bay, the property allows incredible access throughout the major thoroughfares and only a short distance to major railways and ports. Current Cap - 3.05% | Pro Forma Cap - 7.76%
Location
State CA
County Contra Costa
Interior
Fireplace No
Exterior
Parking Type Private Lot, Room for Truck Parking, Commercial Vehicle Allowd, Private
Building
Lot Description Corner Lot, Industrial District, Mid-Block, Commercial, Public Transport Nearby, Residential Area
Water Public
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