1. California
  2. El Cerrito
  3. 1600 Kearney St
$2,250,000

1600 Kearney St, El Cerrito, CA 94530

  • 9,392 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1949
  • Property Lot Size Icon0.45acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $240/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

Cap Rate - 4.29% (Current) | GRM - 13.66 (Current) vs Cap Rate - 6.65% (Proforma) | GRM - 9.96 (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 Status:
Active
Date Added:
March 10, 2025 at 05:00AM
Listing Office:
BCRE : 510-222-0900
Listing Agent:
Davide Pio : 510-815-2000
MLS ID:
41088776
  • Flooring: Concrete

This listing courtesy of Davide Pio, BCRE

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

Stege Elementary School

4949 Cypress Ave, Richmond, CA, 94804

Grades KG-6

0.50 miles away

F

Fred T. Korematsu Middle School

7125 Donal Ave, El Cerrito, CA, 94530

Grades 7-8

0.45 miles away

K

Kennedy High School

4300 Cutting Blvd, Richmond, CA, 94804

Grades 9-12

0.86 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.