315 G St - Freestanding FOR SALE


Antioch, CA 94509
$1,200,000 USD
510-928-4270
315 G St, Antioch, CA for Sale
$1,200,000 USD
Freestanding - FOR SALE
1/72
null | 6.5% Cap Rate

315 G St
Antioch, CA 94509


HIGHLIGHTS

  • 6.50% CAP Rate on existing rents with lots of upside potential
  • Well below replacement cost at $143/sq ft
  • Benefits from Church Exemption which eliminates most of the property taxes
  • Excellent location and visability
  • Private onsite parking

OVERVIEW

Welcome to 315 G Street, a prime commercial property located in the heart of Antioch, CA. This spacious two-story building offers a total of 7,660 square feet of usable space, making it an ideal investment opportunity for any savvy buyer. The first floor of this property features a sprawling 5,828 square feet of space that is currently leased out to a church that takes advantage of the church exemption, which exempts property tax. The current tenant pays $6,550 per month, making this an excellent opportunity for investors looking for stable, long-term returns. The second floor offers an additional 1,832 square feet of space that could be utilized for a variety of purposes, including additional office space, or storage. With its flexible layout and prime location, this property is ideal for a wide range of commercial and residential uses. Located in a bustling commercial district, 315 G Street offers easy access to major highways, public transportation, and a variety of local amenities. Whether you're looking to invest in a thriving business district or simply looking for a stable income-producing property, this is an opportunity you won't want to miss. Don't wait - schedule your viewing today and discover everything that 315 G Street has to offer!

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

C2, Antioch

APN/PARCEL ID

066-056-003-8

ASK ABOUT THIS PROPERTY

Yaniv BenaroyaProperty Upsurge IncMore Info
510-928-4270

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Yaniv BenaroyaProperty Upsurge IncMore Info
510-928-4270

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.