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Listed by J. Murray Berkshire Hathaway-Franciscan
$1,549,000
Est. payment /mo
7,350 SqFt
New
2505 Devpar CT Antioch, CA 94509
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 7,350 sqft
Price per Sqft $210
MLS Listing ID 425048072
HOA Y/N No
Year Built 1974
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type Retail
Property Description
Excellent Owner User Opportunity with SBA Financing This multi-unit Auto Related asset is located in a cul de sac of other Auto Related businesses. An excellent destination for these businesses to thrive together. The property is recently lender owned providing opportunity with the motivated list price. The spaces B'' and C'' are expected to be delivered vacant at the close of escrow, with counsel currently addressing the matter. These vacancies will allow an Owner User occupancy of more than 50% of the building to allow for attractive SBA financing, or Market Level rents for the Savvy Investor. Walking Distance to BART station makes this location a big winner. Month to Month / near end term tenancies on other spaces provides flexibility. Financials are based on Pro Forma Rents with 25% expense ratio. Buyer to satisfy themselves with accuracy of potential income and expenses.
Location
State CA
County Contra Costa
Area Antioch
Zoning C-2
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Connected
Roof Type Flat
Total Parking Spaces 20
Building
Lot Description Low Maintenance, BART Nearby, Strip Center
Story 1
New Construction No
Others
Tax ID 0683000046
