1110 Lacey Ln
Concord, CA 94520
Opportunity Zone Investment-8%+ CAP RATE · Retail Property For Sale

1110 Lacey Lane is a mixed use opportunity which is perfect for an investor or owner user. The property currently consists of one 2bd/1bth house of over 1,025 square feet, and one office/retail space which is over 950 square feet. The 2bd/1bth house across the street sold for $520K thereby showing the value of this property once renovated. Both the retail space and house are being used as part of the Cottage Kennel business, but both will either be delivered vacant at close of escrow, or a new lease rate will be agreed upon between Buyer and Tenant. The property is zoned Commercial Mixed use which allows for retail and personal services for the retail space since this property sits on a 14,375 square foot lot. Further, there is a residential development opportunity to build multifamily units in the amount of 10-12 units. This property has amazing frontage since it is located on the highly trafficked Monument Blvd, which has thousands of vehicles passing by each day. This property is located less than one mile from Interstate 680, downtown Pleasant Hill, and the Concord Bart Station. Concord is located 29 miles east of San Francisco and is the largest city in Contra Costa County with a booming rental and employment market. The property is in an opportunity zone which allows for significant tax benefits for any type of investor. CONTACT STEVEN PINZA, ESQ FOR A COMPLETE MARKETING PACKAGE