1600 Kearney St, El Cerrito, CA 94530 - Berkshire Hathaway HomeServices California Properties
1600 Kearney St El Cerrito, CA 94530
$2,600,000 0 beds, 0 baths
0 sqft

Agent Remarks

Cap Rate - 3.16% (Current) | GRM - 16.95 (Current) vs Cap Rate - 5.57% (Proforma) | GRM - 11.53 (Proforma). 1600 Kearney in El Cerrito was home to Cerrito Printing and had the power to support the workload. An additional suite was added, and currently, the building is divided into four (4) separate suites of varying sizes with long-term tenants. The property is a perfect fit for a variety of buyers. An owner-user could occupy all or some of the space while retaining some rental income, or an investor could acquire the building and bring rents to market rates. Additionally, TOHIMU zoning allows 45+ units/acre. Being in the heart of the East Bay, the building is within a two (2) mile distance to both El Cerrito Del Norte and El Cerrito Plaza Bart stations, and Highway 80. Oakland and San Francisco including their respective airports are all within a 10-to-25 mile distance.

Listing Details

Property type: (Commercial)
Status: Active
MLS# 41088776
List price is $2,600,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1949
0.45 acres
Lot size: 0.4500
County: Contra Costa
Zoning: TOHI
Construction: Concrete,See Remarks

Last Updated: 3/17/2025

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Lat/Long: 37.921223, -122.314051.
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Listing Agent: Davide Pio
Lic#: 01234982
Office Name: Mission Viejo

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