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12860 San Pablo Ave 6,567 SF 74% Leased Retail Building Richmond, CA 94805 $2,487,365 CAD ($378.77 CAD/SF)
Executive Summary
Discover a lucrative investment commercial mixed-use opportunity at 12860-12860-#A, on San Pablo Ave in the heart of Richmond, CA (Two Parcel). Prime Location. Per public record (Two Parcels), Prime Location! 1st parcel: Featuring a 6,567 sqft restaurant building on a spacious 24,000 sqft lot. Currently, Pho Thai Hung's Thai cuisine has a secure long-term lease. Additionally, enjoy the extra income from a versatile commercial space spanning approximately 1,700+ sqft, equipped with 1.5 baths. 2nd Parcel: Vacant commercial parking lot, approx. 6,000 sq. ft. and offering approximately 30-35 parking spaces currently available. 3-parking spaces are rented month-to-month to a taco truck, presenting an additional source of income. Conveniently located near the 80 and 580 freeways, just a short commute away from San Francisco.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,567 SF
Building Class
C
Year Built
1960
Price
$2,487,365 CAD
Price Per SF
$378.77 CAD
NOI
$65,217 CAD
Percent Leased
74%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.69 AC
Zoning
C, Richmond
Parking
20 Spaces (3.05 Spaces per 1,000 SF Leased)
Frontage
250’ on San Pablo
Walk Score®
Very Walkable (79)
Nearby Major Retailers
Property Taxes
| Parcel Number | 523-021-032-9 | Improvements Assessment | $1,310,957 CAD |
| Land Assessment | $834,119 CAD | Total Assessment | $2,145,077 CAD |
Property Taxes
Parcel Number
523-021-032-9
Land Assessment
$834,119 CAD
Improvements Assessment
$1,310,957 CAD
Total Assessment
$2,145,077 CAD
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12860 San Pablo Ave
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