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$ 3,500,000
Est. payment | /mo
9,434 SqFt
$ 3,500,000
Est. payment | /mo
9,434 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 9,434 sqft
Price per Sqft $370
MLS Listing ID ML82009280
HOA Y/N No
Year Built 1914
Lot Size 3,398 Sqft
Acres 0.08
Property Sub-Type Other
Property Description
Welcome to 1 West Richmond Avenue, a historic gem in the heart of Point Richmond. Built in 1914, the J.G. Gerlach Building offers a rare investment opportunity with 38 well-maintained single-room occupancy units and two street-level retail spaces. Ideally located near shops, restaurants, and waterfront parks, this property combines steady rental income with future appreciation potential. The residential units offer cozy, affordable housing with a mix of long- and short-term tenants, ensuring stable cash flow. The retail spaces, currently home to a hair salon and nail salon, add additional revenue and enhance the vibrant neighborhood atmosphere. Dont miss your chance to own a piece of Point Richmond history.
Location
State CA
County Contra Costa
Zoning CM2
Interior
Heating Electric
Cooling None
Flooring Laminate, Tile, Other
Fireplace No
Building
New Construction No
Others
Tax ID 5581100053
Virtual Tour https://my.matterport.com/show/?m=qvvRgwW1MPA
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Listed by Mark Caloca • RE/MAX Accord
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "