Bldg 1 1356 S 50th St 10,124 SF Industrial Building Richmond, CA 94804 $1,990,000 ($196.56/SF) 7.12% Cap Rate

INVESTMENT HIGHLIGHTS

  • Ceiling height of 18+ feet
  • 400 AMP capacity
  • Can be partitioned into three sections

EXECUTIVE SUMMARY

Discover this versatile office and warehouse property, perfectly suited for businesses requiring a blend of office space and light industrial functionality. Situated in a prime location with easy access to Hwy 80 and Hwy 580, this property offers exceptional features and ample space to support your operations.
Property Highlights:
• Total Space: ±10,124 SF
o Office Area: ±3,367 SF
? Features a welcoming lobby, multiple private offices, a spacious conference room, flex space, a kitchen, and a full bathroom.
o Warehouse Area: ±6,757 SF
? Two grade-level roll-up doors (12+ feet), ceiling height of 18+ feet, two mezzanine areas for additional storage or workspace, and two full restrooms.
• Electrical Service: 400 AMP capacity, ideal for a wide range of operational needs.
• Flexibility: The building can be easily partitioned into three sections—two separate warehouse spaces and the office.
Lot & Accessibility:
• Expansive lot with plentiful parking, accommodating employees, clients, or fleet vehicles.
• Strategically located with seamless access to major highways, providing excellent connectivity for transportation and logistics.

PROPERTY FACTS

Price $1,990,000
Price Per SF $196.56
Sale Type Investment or Owner User
Cap Rate 7.12%
Sale Conditions
1031 Exchange
  • Deferred Maintenance
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Office Industrial Live Work Unit
Building Class C
Lot Size 0.29 AC
Rentable Building Area 10,124 SF
No. Stories 2
Year Built 1971
Tenancy Single
Parking Ratio 0.59/1,000 SF
No. Drive In / Grade-Level Doors 2

AMENITIES

  • Fenced Lot
  • Skylights

UTILITIES

  • Water - City
  • Sewer - City

PROPERTY TAXES

ZONING

Zoning Code MSHI
  • Listing ID: 34464748

  • Date on Market: 1/13/2025

  • Last Updated:

  • Address: 1356 S 50th St, Richmond, CA 94804