220 Parker Ave 9,500 SF 100% Leased Retail Building Rodeo, CA 94572 $899,000 ($94.63/SF) 7.71% Cap Rate

Great investment opportunity in downtown Rodeo! This distinctive building offers stable investment income with a diverse tenant mix. The property consists of four units with three long-term tenants providing reliable cash flow. Tenants include a small church, a local bait and tackle shop, a downstairs studio apartment, and an upstairs a large three-bedroom two-bath apartment. This diverse mix of commercial and residential uses provides multiple income streams and help create a stable investment profile. The property operates with low expenses and offers a strong cap rate, making it attractive to investors seeking dependable returns. Located just two blocks from the San Francisco Bay, the property benefits from proximity to waterfront recreation and the local fishing community. It is also positioned along the I-80 corridor approximately 25 miles east of San Francisco, providing convenient access to the greater Bay Area.

The building sits within downtown Rodeo, a small community known for its charm, local businesses, and walkable streets near the bay. The area continues to attract small business owners, residents, and visitors looking for an authentic waterfront town atmosphere. With established tenants, strong income potential, and a prime location near the bay and major transportation corridor, this property represents an excellent investment opportunity in the East Bay.