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12488-12492 San Pablo Ave

3,482 SF 100% Leased Retail Building Richmond, CA 94805 $1,725,496 CAD ($496 CAD/SF) 6.32% Cap Rate

Executive Summary

Prime 2-Story Mixed-Use Property in an Excellent Location
Built in 1946, this versatile property offers a unique layout featuring two office units and two retail units on the ground floor, with a spacious 3-bedroom, 1.5-bathroom apartment on the second floor.
The property includes a fenced and gated parking area, divided into a retail section with five surface spaces and a yard accommodating approximately 11 surface spaces and a 2-car garage. Additionally, there are two surface parking spaces outside the gated area along Clinton Avenue, one of which is assigned to the residential unit.
This property is an exceptional investment opportunity in a prime location.

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,482 SF
Building Class
C
Year Built
1946
Price
$1,725,496 CAD
Price Per SF
$496 CAD
Cap Rate
6.32%
NOI
$109,106 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.28 AC
Zoning
C-2, Richmond - Commercial/ retail usage.
Parking
18 Spaces (5.17 Spaces per 1,000 SF Leased)

Amenities

  • Corner Lot
  • Fenced Lot
  • Signalized Intersection
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Chase Bank
Mechanics Bank
Planet Fitness - Richmond , CA
Citi
CrossFit
Starbucks
Bank of America
Grocery Outlet
Smart & Final
FoodMaxx

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
519-010-023-9
Land Assessment
$550,270 CAD
Improvements Assessment
$962,975 CAD
Total Assessment
$1,513,245 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 34363051

  • Date on Market: 2025-01-03

  • Last Updated:

  • Address: 12488-12492 San Pablo Ave, Richmond, CA 94805

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