133 Parker Ave, Rodeo, CA 94572

$2,595,000

Property Description

Three separate parcels are included in this sale: 111 Parker Ave, commercial vacant land of 18,750 sq. ft; 133 Parker Ave, retail liquor store with 3 bedroom apartment upstairs; 185 Parker Ave, commercial office building of 250 sq. ft. situated on a 5,000 sq. ft. lot. Multiple income sources with this property: $5,000 per month from liquor store; $2,200 per month from upstairs apartment; $1,500 per month from commercial office building. Total monthly income of $8,700; total yearly income of $104,400. Potential: The county has said it would allow Senior Housing and give Bodice Density for affordable units which could allow for 60-70 units.

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Listing courtesy of Steve Kendall from Security Pacific Real Estate