4040 MacDonald Ave - Freestanding FOR SALE


Richmond, CA 94805- North & East
$899,900 USD
916-995-9754
4040 MacDonald Ave, Richmond, CA for Sale
$899,900 USD
Freestanding - FOR SALE
1/8
null | 6.99% Cap Rate

4040 MacDonald Ave
Richmond, CA 94805
North & East


HIGHLIGHTS

  • Close to I-80
  • Easily revert back to Car wash
  • Zoning allows gas station (as per seller)
  • Located on a heavy traffic street

OVERVIEW

Team Singh is pleased to present this commercial zoned 0.29-acre property located in Richmond, California, is a prime investment opportunity for anyone looking to start or expand their business. Previously a car wash, the property has been converted into a retail store but can easily be converted back to a car wash as the plumbing is still accessible. The location is a major advantage, situated on a main street of Richmond City and close to I-80, which sees a lot of traffic throughout the day. One of the key benefits of this property is that it is easy and quick to move in with all tenants currently on month-to-month leases. This flexibility allows for the possibility of renegotiating lease agreements or bringing in new tenants to supplement income from the retail store or car wash. The property offers great potential for growth and expansion, making it an attractive investment opportunity. The property's previous use as a car wash is also an advantage, as the plumbing for the car wash is still accessible. This makes it easy to revert to its former use, providing a great opportunity for anyone interested in starting a car wash business. The location and accessibility of the property make it a prime choice for such a business. Overall, this commercial zoned property offers great potential for investment and growth, and its prime location and versatility make it an attractive opportunity for anyone looking to start or expand a business in Richmond, California.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$600 USD /SF

CAP RATE

6.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Richmond Retail

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,502 SF

ZONING

C-2, Richmond

APN/PARCEL ID

517-320-028-7

ASK ABOUT THIS PROPERTY

Ujjal SinghApplied CommercialMore Info
916-995-9754

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Ujjal SinghApplied CommercialMore Info
916-995-9754

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