1701 Rumrill Blvd, San Pablo, CA 94806
Commercial property
Sold August 2024
Listing Agent: Davide Pio (DRE #01522969) · Listing Office: BCRE · Contact: 510-222-0900 · Bought with: OUT OF AREA · OUT OF AREA · MLS #41057535 · Source: CRMLS
About this commercial property
The industrial lot w existing building allows for an extremely rare opportunity to own an Industrial Mixed Use (IMU) zoned location on a large 1.71 acre parcel of land with 4,996 sq. ft. building. The current tenant has occupied the property for decades and with the lease approaching expiration, it allows either an investor the opportunity to rent the property at current market rate or an owner-user the ability to occupy the property. Being in the heart of San Pablo in the East Bay, the property allows incredible access throughout the major thoroughfares and only a short distance to major railways and ports. Current Cap - 3.05% | Pro Forma Cap - 7.76%
Listing description from the August 2024 sale, as reported to CRMLS.
Sale history