PENDING: 10579 San Pablo Avenue, El Cerrito
Commercial

Offered at $715,000

Property Highlights

  • 10579 San Pablo Avenue consists of one commercial building, currently being used as a dry cleaner, on a large lot with on-site parking. Its convenient location on San Pablo Ave in El Cerrito/ Richmond Annex is in close proximity to the new City Hall complex and El Cerrito’s San Pablo specific plan with +/- 2,000 new residential units in planning or construction stage.

Unit Highlights

  • • 2,511 Sq. Ft. Commercial Building on San Pablo Ave in El Cerrito/ Richmond Annex
  • • Currently being Used as a Dry Cleaner
  • • Large Lot with On-site Parking
  • • Separate Garage in Back (additional parking/storage
  • • Built in 1945

Investment Highlights

  • • ZONED: CM-3
  • • CAP Rate: 4.35% Current / 5.94% Market
  • • GRM: 15.58 Current / 1.41 Market
  • • BUILDING SIZE: 2,511 Sq. Ft.
  • • LOT SIZE: 5000 Sq. Ft.
  • • PRICE PER SQ. FT.: $284.75

Location Highlights

  • • Heavy Traffic Count on San Pablo Avenue
  • • Near Marshalls Shopping Center
  • • Proximity to the New City Hall Complex
  • • In the Heart of El Cerrito’s San Pablo Specific Plan with +/- 2,000 new residential units in planning or construction stage.
  • • Near El Cerrito BART Plaza and I-80