
Description
This property is being sold together with 435 and 445 23rd Street (separate listings) for the full price of $1,600,000. Great development opportunity, for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare with easy access to public transportation. This lot includes a small 600 sf building that currently houses a car sales and smog check business. The 3 businesses straddle the lot lines. Per the City of Richmond, the ZONING for these 3 parcels is CM-5 Commercial Mixed-Use, Activity Center. This district is intended for mid- and high-rise mixed-use development at major activity centers (i.e., Richmond Civic Center, BART). Office, retail, entertainment and residential uses are allowed. Reported income and expenses are approximate and covers all three properties.
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01/2 BATHS
School Ratings & Info
Description
This property is being sold together with 435 and 445 23rd Street (separate listings) for the full price of $1,600,000. Great development opportunity, for owner/user, or investor. Property can be delivered vacant at close of escrow or used to produce reliable income. Decent income producer with room for rent increases. The 3 lots provide approximately 19,687 sf of land on a major thoroughfare with easy access to public transportation. This lot includes a small 600 sf building that currently houses a car sales and smog check business. The 3 businesses straddle the lot lines. Per the City of Richmond, the ZONING for these 3 parcels is CM-5 Commercial Mixed-Use, Activity Center. This district is intended for mid- and high-rise mixed-use development at major activity centers (i.e., Richmond Civic Center, BART). Office, retail, entertainment and residential uses are allowed. Reported income and expenses are approximate and covers all three properties.

Licensed in the State of California.