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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