$745,000 642 1st St Rodeo, CA

MLS: 40811531   Type: Industrial   County: Contra Costa   City: Rodeo   Zip: 94572  

Mortgage $3,498 /mo



Half Baths

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Large neighborhood bar plus detached duplex. Great mixed-use opportunity for an owner-operator or investor to have immediate cash flow with significant rental upside. The offering consists of a large, vacant, neighborhood bar and pool hall known as Troy’s Club and a detached, fully occupied, duplex with one 2bd/1bth unit and one 1bd/1bth unit. The bar is fully functional and has been remodeled over time with new flooring, tile, bar equipment, etc. The bar offers an extra large office space, a card room, multiple bathrooms, a backyard area, and ample space for patrons, pool tables, and seating. The duplex in the rear of the property has been completely remodeled and is fully occupied. Each unit has new flooring, new kitchen/bathroom cabinets, in-unit washer/dryers, stainless steel appliances, and granite countertops. Both units are below market in rent, offering the next investor the opportunity to raise rents and achieve greater cash flow.

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Price History

2/23/2018 Listed $745,000

Age 109
Annual Actual Net Inc 0
Cap Rate 7.68
Energy Saving Feature Other
Listing Area Rodeo
Listing Status Active
Location Other
Status Active
Zoning R

Exterior Features

Approx Lot Size Sq Ft 6250
Building Type Comm Ind For Sale
Exterior Other
Garage Other
Lot Size Area 0.14
Roof Other
Total # of Parking Spaces 19

Property Schools

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Gallery (24 photos)

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Property vs Zip Code Avg (94572)

Price 745K Avg 537K

Sqr Feet 4,350 Avg 2,480

Cost / Sqr Ft $171 Avg $217

Acres 0.14 Avg 0.12

Visits 3 Avg 5

Days on Site 25 Avg 35

Walkscore® 61 Avg 61

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Listing Provided Courtesy Of: David Howarth with David Howarth, Broker.

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Location & Address

Alessandra Imanabadi

Hayward, CA