Sold
2900 Hilltop Mall Rd
Richmond CA, 94806
$8,750,000
$1,923.08 per sqft
Sold
4,550 sqft
Commercial
Built in 1982
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
40933684
MLSⓇ ID
February 15, 2024
Updated
Map
2900 Hilltop Mall Rd
Richmond CA, 94806
Interior Features
Total Stories
1
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Roof Package Joint
Heating
Yes
Heating Description
Roof Package Joint
Exterior/Building Features
Lot Size
1.5 Acres
Exterior Features
Front Sign, Pole Sign
Lot Features
Corner Lot, Shopping Center, Professional Center, Business District, Strip Retail, Business Park, City Lot, Commercial, Freeway Nearby, Mall, Neighborhood, Restaurant Nearby, Shopping Center Nearby, Shopping Nearby
Roof
Bitumen, Fiberglass
Sewer
Public Sewer
Other Property Details
Area Name
Richmond - Hilltop/College
Garage
No
Parking
Private Lot, Commercial Vehicle Allowd
View
No
County
Contra Costa
Water Source
Hot Water, Public
Pool
No
Zoning
Comm
Listed by Steven Wang with CA Golden Properties
Listing Contact: 408-309-8920
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