Richmond, CA 94806,2900 Hilltop Mall Rd
$8,750,000
Est. payment /mo
$8,350,000
4.8%
Est.Price: ?

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4,550 SqFt
SOLD DATE : 05/28/2021

Key Details

Sold Price $8,750,000

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Sold

Purchase Type For Sale

Square Footage 4,550 sqft

Price per Sqft $1,923

Subdivision Hilltop/College

MLS Listing ID 40933684

Sold Date 05/28/21

HOA Y/N No

Year Built 1982

Lot Size 1.504 Acres

Acres 1.5

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

Location

State CA

County Contra Costa

Area Richmond - Hilltop/College

Zoning Comm

Interior

Heating Roof Package Joint

Cooling Roof Package Joint

Flooring Concrete

Fireplace No

Window Features Show Windows

Exterior

Exterior Feature Front Sign, Pole Sign

Utilities Available Electricity Connected, Natural Gas Connected

Handicap Access Customized Wheelchair Accessible

Building

Lot Description Business District, Business Park, City Lot, Commercial, Corner Lot, Professional Center, Freeway Nearby, Mall, Neighborhood, Shopping Center, Strip Retail, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby

Story 1

Level or Stories One

New Construction No

Others

Tax ID 4053020105

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Bridge MLS
Listed by Steven Wang • CA Golden Properties
Bought with StevenWang

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Parisa Samimi

+1(510) 410-4050

Founder & Real Estate Broker | License ID: 01858122

Founder & Real Estate Broker License ID: 01858122

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