Richmond CA Real Estate & Commercial for Sale

Institutional-grade, core-plus mixed-use acquisition opportunity in the high-barrier-to-entry submarket of Point Richmond. The historic J.G. Gerlach Building presents a stabilized asset with a robust recurring revenue profile, offering immediate cash-on-cash returns paired with significant pro-forma rental upside. The asset features a diversified revenue stream comprised of 38 residential Single Room Occupancy units generating stable, non-cyclical cash flows due to historically low structural vacancy, anchored by two fully leased ground-floor commercial retail suites (established hair and nail salons) under stable, recurring commercial lease agreements. A comprehensive capital expenditures underwriting benefit includes a recently replaced brand-new roof and a fully modernized, updated electrical distribution system, drastically mitigating near-term operational risk, reducing deferred maintenance reserves, and optimizing future Net Operating Income. Backed by a recent independent valuation of $3,900,000. Positioned in a premier, walkable coastal enclave with close proximity to Keller Beach and Miller/Knox Regional Shoreline, this asset is a highly defensible yield, immediate multi-stream cash flow, and an excellent inflation hedge with embedded organic rental growth potential.

Opportunity knocks at 1030 - 1034 Ohio Ave in Richmond, CA! This versatile warehouse, located in the sought-after Green Zone, offers endless potential for your business or investment goals. With ample space, flexible zoning, and a prime location, its a rare find. Dont miss this chance to secure a high-demand property in a thriving market!

Mixed use property. Great investment property. Retail main level & 2 residential units on the second floor. Solid income. Seller will consider seller financing.