Property Overview:
Historic multi-use property in Richmond, CA, originally built as a brewery in 1904/1905. The building has served various purposes, including as a produce hub. It is a distressed property (not condemned), currently priced at land value. The owner is open to alternative payment methods (e.g., bitcoin, silver, gold). MLS #ML81956993.
Property Features:
- Corner lot with ample parking
- Proximity to Richmond BART station
- Ground floor: Spacious area with walk-in refrigeration
- Upstairs: Expansive living quarters with bedrooms, bathrooms, original hardwood flooring, and a wood-burning fireplace
- Rooftop deck: Large area with panoramic views
- Garage/Parking: 2-car garage
- Secured with lock & key; currently used for commercial vehicles, storage, and personal items
- Zoning: Multi-family
- Foundation: Slab
- Roof: Composition, Tar/Gravel
- Utilities: Public sewer and water
- Heating: Other (no central cooling)
- School Districts: West Contra Costa Unified (elementary & high school)
Condition & History:
- Preemptively red-tagged by the City of Richmond in 2017 (post-Ghost Ship incident)
- Not condemned, but significant work needed to meet modern codes
- Owner has maintained the property as best as possible
- Distressed: Buyers should expect a major renovation or redevelopment project
Buyer Information:
- Advance notice required for showings; owner available for tours
- Buyers must conduct thorough due diligence:
- Permits
- City requirements
- Zoning
- Square footage verification
- Encumbrances
- Buyer’s brokerage compensation: 2.5%
- Alternative payment accepted: Bitcoin, silver (Ag), gold (Au)
- Contact: (510) 230-9157
Investment Potential:
- Endless possibilities for a visionary buyer
- Ideal for redevelopment or creative transformation
- Historic character with unique architectural features
- Priced for land value—opportunity to own a piece of Richmond history