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
MLS #
BE40933684
MLS Source
Bay East
Buyer's Brokerage Compensation*
2%
Parking Spaces
15
Present Use
Retail
Utilities
Water - Public
Flooring
Concrete
Sewer
Public Sewer
Water
Public
Zoning
Comm
2900 Hilltop Mall Rd is a Commercial Sale in Richmond, CA 94806. This 4,550 square foot property sits on a 1.5 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $8,750,000 and was built in 1982.
This address can also be written as 2900 Hilltop Mall Rd, Richmond, CA 94806.©2024 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
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This listing information is up-to-date as of July 08, 2022. For the most current information, please contact Steven Wang, (408) 309-8920