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1811 Broadway St
Concord, CA 94520 Downtown Concord

$3,500,000 USD

Land For Sale  •  0.8 AC

Property Details

  • Property Type Land
  • Lot Size 0.8 AC
  • Zoning RH
50 Transit Score
70 Walk Score

Description

Catalyst Commercial Partners is pleased to present the exclusive opportunity to acquire 1811 Broadway St— a fully-leased five-tenant strip retail center on a ±0.80-acre corner parcel in the heart of Concord. The property is offered at $3,500,000.

In-place income from a roster of short-term and month-to-month tenancies preserves immediate cash flow while keeping the site available for the buyer's highest and best use. Zoned RH (High Density Residential), the parcel supports 33 to 100 dwelling units per net acre. Concord's housing-driven growth cycle makes this offering unusually well-positioned for a developer or shopping-center owner-operator with a future redevelopment thesis.

There is also an opportunity to stabilize the existing retail center by restructuring and signing long-term leases with current tenants.

Highlights

0.80 Acres of RH-Zoned Land in Concord
In-Place Retail Income at Close
Proximity to Downtown Concord
Multiple Exit Paths
City Incentives Applicable to Parcel

Public Transportation

Commuter RailDriveWalkDistance
15 min - 7.9 mi
Transit/SubwayDriveWalkDistance
Concord Station (Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART)) 4 min 15 min 0.8 mi
AirportDriveWalkDistance
Metro Oakland International 42 min - 29.6 mi
San Francisco International 57 min - 41.5 mi
Rachna Gandhi 650-370-2606 Catalyst Commercial Partners
Rachna Gandhi 650-370-2606 Catalyst Commercial Partners