1200 Chesley Ave - Warehouse FOR SALE


Richmond, CA 94801
$2,250,000 USD
510-815-2000
1200 Chesley Ave, Richmond, CA for Sale
$2,250,000 USD
Warehouse - FOR SALE
1/30
null | 6.61% Cap Rate

1200 Chesley Ave
Richmond, CA 94801


HIGHLIGHTS

  • Rare Industrial Mixed Use (IMU) Zoning - Allows a wide range of difficult to find industrial uses by right without a Conditional Use Permit (CUP).
  • Heavy Power + Natural Gas - 1,200-amp, 277/480 volts, 3 phase. This feeds the full building and has various stepped down amperage.
  • Central Transportation Hub - Property sits just minutes to Highway 80, 880, Port of Richmond as well as all major cities.

OVERVIEW

Davide F. Pio of BCRE is proud to present for sale or lease the heavy powered industrial warehouse building with spacious fenced lot. The property allows for an extremely rare opportunity to own an Industrial Mixed Use (IMU) zoning asset which has been in use as a foundry. The site is comprised of one large segmented ±15,000 sq. ft. warehouse + ±1,200 office with heavy 1,200-amp, 277/480-volt, 3 phase power and multiple step downs and submeters, seven (7) bridge and swing arm/jib cranes, and seven (7) grade level doors at various points of entry. The IMU zoning allows for a wide range of heavy industrial uses by right allowing a tenant or buyer to save time obtaining a Conditional Use Permit (CUP). 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.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

6.61%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

San Pablo Heavy Power + Heavy Ind. Zoning

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Manufacturing, Truck Terminal, Service

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1959

UTILITIES

Lighting, Gas - Natural, Water - City, Sewer - City, Heating

CLEAR CEILING HT

12.5 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.88

LAND SF

38,333

ZONING

IMU

APN/PARCEL ID

410-021-001-4

ASK ABOUT THIS PROPERTY

510-815-2000

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510-815-2000

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