Map of Property

2221 Railroad Ave

For Sale

2221 Railroad Ave, Pittsburg, CA 94565

This Pittsburg property for sale is located at 2221 Railroad Ave. The current listed sale price for 2221 Railroad Ave is $4,800,000. 2221 Railroad Ave is situated on a lot that is 0.66 acre in size.

Contacts

broker

Richard Mao

ProMax Investment

(510) 552-1687

Property Details

  • Property Type Retail
  • Property Size 10,000 SF
  • Lot Size 0.66 Acre
  • Cap Rate % 5.5
  • Rental Income / YR 322725
  • NOI / YR 265416
  • Taxes / YR 20870
  • Average Floor Size 10,624 SF
  • Parking Spaces Avail. 39
  • Parking Ratio 3.90 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1989
  • Date Updated Jan 9, 2024

A value added investment opportunity (with 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. 5.5% 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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Getting around

  • 85/100

    Walk Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Pittsburg, CA
  • Zip Code 94565
  • Market Bay Area

Points of Interest

  • Pittsburg Center

    0.23 miles

  • Pittsburg/Bay Point Transfer

    2.36 miles

  • Pittsburg/Bay Point

    3.03 miles

  • Antioch-Pittsburg

    4.03 miles

  • Antioch

    6.12 miles

  • North Concord/Martinez

    7.36 miles

  • Concord

    8.07 miles

  • Arco

    1.07 miles

  • Shell

    1.13 miles

  • Chevron

    2.26 miles

  • Shell

    2.84 miles

  • Chevron

    2.89 miles

  • Shell

    2.92 miles

  • 7-Eleven

    2.99 miles

  • Valero

    2.99 miles

  • Speedway

    3.08 miles

  • Chevron

    3.84 miles

  • Pittsburg/Bay Point BART Station Parking

    3.02 miles

  • Faculty Parking

    8.26 miles

  • Student Parking

    8.32 miles

  • Visitor parking

    8.45 miles

  • Willow Pass Park And Ride

    9.09 miles

  • Upper Parking Lot

    9.22 miles

  • Mitchell Park and Ride

    9.30 miles

  • Lower Parking Lot

    9.36 miles

  • Teacher/Staff Parking

    9.68 miles

  • Diablo Valley Overlook

    9.74 miles

  • Jack in the Box

    0.12 miles

  • Panda Express

    0.15 miles

  • McDonald's

    0.41 miles

  • Angelo's Pizza

    0.51 miles

  • Nation's Giant Hamburgers

    0.64 miles

  • Mr. Jalapeño Restaurant

    0.65 miles

  • Lutong Bahay Restaurant

    0.70 miles

  • RamenTeaCa

    0.71 miles

  • Uncle Wang Chinese Restaurant

    0.71 miles

  • Lutong Bahay

    0.77 miles

  • Cardenas

    0.20 miles

  • Foods Co

    0.47 miles

  • Bonfaire Market

    0.97 miles

  • Walmart

    1.23 miles

  • La Chicana Market

    2.54 miles

  • Somersville Towne Center

    2.70 miles

  • Safeway

    2.92 miles

  • Big Lots

    2.94 miles

  • Bill Bly's Ranch Market

    3.07 miles

  • Mi Tierra

    3.28 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Richard Mao

ProMax Investment

(510) 552-1687