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2221 Railroad Ave, Pittsburg, CA, 94565
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2221 Railroad Ave Pittsburg, CA, 94565

$4,480,000 $320,000 Commercial for sale Retail

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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Property details

10,624 sqft interior area
Land area
28,750 sqft (0.66 acres)
Days on Verhouse
119
Address
2221 Railroad Ave, Pittsburg, CA, 94565
City of California
Pittsburg
County
Contra Costa
Previous price
$4,800,000
Year Built
1989
District
Listing

Nearby major retailers

Costco
Walmart
Safeway
T-Mobile
Wholesale: 1
Supermarket: 2
Mobile phone: 1
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Interior Features

Roof
Composition
Garage & Parking
Private Lot

Listed by

Richard Mao, Promax Investment & Develop
Name
Richard Mao
License number
01208299
Brokerage company
Promax Investment & Develop
MLS #
41046945

Payment calculator

Calculate your monthly payments
Mortgage
$13,755
Taxes
$0
HOA dues
$0
$13,755 per month
Mortgage
$896,000 / 20%
2.28%
30 years
Your amount $13,755 / month

Exterior Features

Stucco, Frame construction and more
Construction
Stucco, Frame

Lot details

Lot Description
Mid-Block, BART Nearby, City Lot, Commercial, Freeway Nearby

94565 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data

People living in 94565

48%
Families with children
National average: 39%
23%
Non family households
160,290
Population
$80,640
Average Income

Age & gender

Median age 34 years
More info

Commute types

84% commute by car
More info

Education level

28% have high school education
More info

Number of employees

13% work in education and healthcare
More info

Vehicles available

36% have 3 or more
More info

Vehicles by gender

36% have 3 or more
More info

Housing market insights for

$509.71k
Neighborhood average
sales price*
$550k
Neighborhood median
sales price*
157
Number
of sales*

Housing type

66% are single detacheds
More info

Rooms

38% of the houses have 4 or 5 rooms
More info

Bedrooms

62% have 2 or 3 bedrooms
More info

Owners vs Renters

56% are owners
More info
15.67 / 20
Most Walkable
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Price history

Price Decrease Jan 20, 2024
Date Event Price $/sqft Source
Jan 20, 2024 Price Decrease $4,480,000 -6.67% 0 MLS #41046945
Jan 6, 2024 New Listing $4,800,000 0 MLS #41046945

Taxes of 2221 Railroad Ave, Pittsburg, CA, 94565

cn zoning / MLS #41046945
Zoning
cn

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Frequently Asked Questions about 2221 Railroad Ave

What is 2221 Railroad Ave?

2221 Railroad Ave is a Commercial/Industrial propertywith 10,624 sqft interior space.

What is the rental income?

-

What is the full address of this Commercial?

2221 Railroad Ave, Pittsburg, CA, 94565.

What comparable properties are nearby?

Comparable nearby commercial properties include 441 W 10th St, 2401 Stanwell Dr, 1459 Del Rio Cir, 561 1st St, 6050 Bethel Island Rd, 6700 Balfour Rd.

Based on information from the bridgeMLS as of 05-03-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Listing last updated on: May 02, 2024
Verhouse Last checked 4 minutes ago


The closest grocery stores are Mi Pueblo Food Center, 0.2 miles away and Walmart, 1.23 miles away.
The 94565 zip area has a population of 160,290, and 48% of the families have children. The median age is 34.22 years and 84% commute by car. The most popular housing type is "single detached" and 56% is owner.
Commercial For sale $4.48m  $320,000 2221 Railroad Ave, Pittsburg, CA, 94565 Save House Remove from Saved