$4,400,000
$6,295,000
30.1%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 07/14/2020
Key Details
Sold Price $4,400,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID ML81783701
Sold Date 07/14/20
HOA Y/N No
Year Built 1989
Lot Size 0.499 Acres
Property Description
Marcus & Millichap has been selected to exclusively market for sale Salmon Run, an exciting apartment redevelopment opportunity, located at 2325 Clayton Road in Concord, CA. The subject property will be delivered fully-entitled and permit ready for the construction of 32 apartment units consisting of four studios and twenty-eight one-bedroom/ one-bathroom units. The improvements include podium garage parking and what will be two levels of residential units above. Originally built-in 1989, the three-story building consists of 26,540 square feet of office space and resides on a 21,736 square foot lot. The total net rentable area after the conversion will be around 21,651 square feet with the average unit size totaling approximately 676 square feet.
Location
State CA
County Contra Costa
Area 699 - Not Defined
Zoning DMX
Interior
Fireplace No
Exterior
Roof Type Flat
Building
Water Public
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Other
Others
Tax ID 1261040081
Financing Cash
Special Listing Condition Standard
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Bought with Carlos Azucena • Marcus & Millichap
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
880 Roosevelt Suite 250, Irvine, California, 92620, United States