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Listed by Ethan Berger • NAI Northern California
$ 4,290,000
Est. payment /mo
New
147 W Richmond Ave Richmond, CA 94801
12,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 12,000 sqft
Price per Sqft $357
MLS Listing ID 41095265
HOA Y/N No
Originating Board Bridge AOR
Year Built 1914
Lot Size 4,800 Sqft
Property Sub-Type Lowrise (1-3 Flrs)
Property Description
Located in a thriving East Bay waterfront community, 147 W Richmond presents a rare opportunity to acquire a well-maintained, income-producing mixed-use asset with strong upside and classic architectural charm. This 12,000 sqft, three-story building (with a partial basement) features five ground-floor commercial suites totaling 3,120 sqft, providing steady retail or office income. Above, the second and third floors house 14 fully renovated residential units—including 10 one-bedroom/one-bath units and 4 two-bedroom/one-bath units—offering multiple, reliable revenue streams. The current ownership has completed a comprehensive modernization of all residential units while preserving character-rich details like exposed brick walls. Interior upgrades include new flooring throughout, shaker cabinetry & solid surface countertops, updated appliance packages, contemporary bathrooms with new walk-in showers, sinks, and toilets, dual-pane windows and new entry doors, and upgraded electrical sub-panels in each unit. Common areas have been improved with new carpeting, lighting, and windows, along with amenities such as an indoor bike rack and a refreshed on-site coin-operated laundry room. Each unit is individually metered for gas and electricity, & tenants are billed back for shared utilities
Location
State CA
County Contra Costa
Interior
Heating Wall Furnace
Cooling None
Flooring Concrete, Hardwood, Tile, Carpet
Fireplace No
Window Features Double Pane Windows
Appliance Washer, Gas Water Heater
Building
Lot Description Level
Water Public
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