Properties

Comm Industrial For Sale For Sale

4,550 Sqft - 2900 Hilltop Mall Rd, RICHMOND, California 94806

QR Code
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

Basic Details
Property Type : Comm Industrial For Sale
Listing Type : For Sale
Listing ID : 40961880
Price : $8,350,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 4,550 Sqft
Year Built : 1982
Lot Area : 65,514 Sqft
Features
Heating System : Roof Package Joint
Cooling System : Roof Package Joint
Roof : Bitumen, Fiberglass
Address Map
Country : US
State : CA
County : Contra Costa
City : RICHMOND
Zipcode : 94806
Street : Hilltop Mall Rd
Street Number : 2900
Floor Number : 0
Longitude : W123° 40' 5.5''
Latitude : N37° 58' 42.6''
MLS Addon
Office Name : CA Golden Properties
Area : Richmond - Hilltop/College
Address : 2900 Hilltop Mall Rd
Cross Street : Robert Miller Dr
Directions to Property : Hilltop Dr>Robert Miller Dr
LA1User Code : 206519483
LA1Agent First Name : Steven
LA1Agent Last Name : Wang
Status Category : Sold
Tot # Parking Spaces : 15
Dist/Nbrhood/Sub : HILLTOP/COLLEGE
Zoning : Comm
List $/SqFt : $1,835
Age : 39
Apx Lot Sq Ft : 0 Sqft
Annual Taxes : $80,189
Total Deposits : $0
EXTERIOR : Stucco, Concrete, Metal, Steel, Aluminum Siding
FLOORING : Concrete Slab
Business Name : Gas Station,C-Store,Car Wash,Restaurant
Business Type : Gas Station,C-Store,Car Wash
Bus Sq Ft of Bldg : 2,019 Sqft
SALE INCLUDES : Alarm System, Fixtures And Equipment, Telephone System, Real Estate, Business, Building, Existing Signs, License, Non-competition Agmt, Land, Management Consultant Agm, Special Permits
TENANT EXPENSE : Electric, Fire Insurance, Hvac Maintenance, Janitorial, Sewer, Taxes, Trash, Grounds Maintenance, Water, Exterior Maintenance, Maintenance
LOCATION : Business District, Shopping Center, Strip Retail, Corner, Professional Center, Neighborhood, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby, Free Standing, Commercial, Business Park, Freeway Nearby, City, Mall
EXISTING LOAN : 1st D/t
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : No
FINANCIAL DATA SOURCE : Owner, Accountant
Ann Act Gross Inc : $1,566,896
Gross Oper Actual Inc : $12,129,000
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $8,350,000
Sold Price : $8,750,000
Previous Price : $8,350,000
Sale $/SqFt : $0
Comm Industrial For Sale For Sale
  • Listing ID : 40961880
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 4,550 Sqft
$8,350,000
Agent info
Contact Agent