$8,750,000
$8,350,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
2900 Hilltop Mall Rd Richmond, CA 94806
4,550 SqFt
Key Details
Sold Price $8,750,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 4,550 sqft
Price per Sqft $1,923
Subdivision Hilltop/College
MLS Listing ID 40933684
Sold Date 05/28/21
HOA Y/N No
Year Built 1982
Lot Size 1.504 Acres
Acres 1.5
Property Description
This is an exceptional opportunity to invest in a well establish business including real estate with multiple highly profitable revenue streams: high volume gas sales, 76k plus annual car washes, 2800sf C-Store, and In-store Mexican Restaurant. Family owned and operated since inception in 1982, the property underwent major renovation in 2018 modernizing the appearance and functionality. It has one of the largest and most modern tunnel car wash facility in Richmond &surrounding areas. The property is strategically located off of Interstate 80 nearby major retailers including Walmart, Hilltop Mall Auto Row, & numerous local as well as chained restaurants. The station is also located near densely populated residential area and is the major thoroughfare into the regional operations & distribution hubs for many large employers including Amazon & Whole Foods Distribution. Consistently generating 14%+ CAP Rate.Well managed & turned key investment is ideal owner operator and absentee owners
Location
State CA
County Contra Costa
Area Richmond - Hilltop/College
Zoning Comm
Interior
Heating Roof Package Joint
Cooling Roof Package Joint
Flooring Concrete
Fireplace No
Window Features Show Windows
Exterior
Exterior Feature Front Sign, Pole Sign
Utilities Available Electricity Connected, Natural Gas Connected
Handicap Access Customized Wheelchair Accessible
Building
Lot Description Business District, Business Park, City Lot, Commercial, Corner Lot, Professional Center, Freeway Nearby, Mall, Neighborhood, Shopping Center, Strip Retail, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby
Story 1
Level or Stories One
New Construction No
Others
Tax ID 4053020105
Read Less
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© 2024 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Bought with StevenWang