San Pablo, CA 94806,1701 Rumrill Blvd
Listed by Davide Pio • BCRE
Bought with OUT OF AREA • OUT OF AREA

$3,050,000

Est. payment /mo

$3,000,000

1.7%
Est.Price: ?

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1701 Rumrill Blvd San Pablo, CA 94806

4,996 SqFt

SOLD DATE : 08/01/2024

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

Year Built 1963

Lot Size 1.710 Acres

Property Sub-Type Comm Ind For Sale

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

Building

Lot Description Corner Lot, Industrial District, Mid-Block, Commercial, Public Transport Nearby, Residential Area

Water Public

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Bay East Association of Realtors
Donny Piwowarski

Donny Piwowarski

Broker | License ID: 01444374

+1(844) 437-4969

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