649 23rd St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
649 23rd St
2,900 SF Retail Building Richmond, CA 94804 £635,438 (£219/SF) 9.83% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Centrally located
- Garage Access - Auto roll up door
- Vacant unit & Income-producing unit (Hair Salon) on month to month tenancy
- Multiple income sources
- Warehouse-like storage w/ high ceilings
EXECUTIVE SUMMARY
Great income opportunity for owner/user, or investor, right in the bustling heart of the city w/ constant pedestrian and vehicular traffic! Two separate units (potentially 3). This property has excellent live-work space complete with a fully operational hair salon w/ 1/2 bath on the left and a vacant mixed-use unit on the right --ready for your dream business, equipped with a lobby, work area and LARGE warehouse-like space w/ vaulted ceilings and auto-roll up door, storage room, and renovated kitchen. The upstairs offers additional living/work space, for a third potential tenant equipped w/ a beautifully renovated full bath. The possibilities are endless with this building and best of all, it's turn-key! Act fast, this one won't last long!
FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,900 SF
Building Class
C
Year Built
1948
Price
£635,438
Price Per SF
£219
Net Initial Yield
9.83%
NOI
£62,490
Tenancy
Single
Number of Floors
1
Building FAR
0.39
Lot Size
0.17 AC
Zoning
Commercial - Commercial
Land Use: Retail Stores (Personal Services, Photography, Travel)
Frontage
21 ft on 23rd St
AMENITIES
- Bus Route
Walk Score®
Very Walkable (89)
NEARBY MAJOR RETAILERS
1 of 36
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
649 23rd St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.