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511 3rd St 8,472 SF Retail Building Rodeo, CA 94572 $999,900 ($118.02/SF)
Investment Highlights
- Vacant Mixed-Use Building: Residential over commercial configuration delivered vacant, ideal for owner-user, investor, or live/work strategies.
- Prime Downtown Rodeo Location: Centrally located near major employment drivers, industrial and port activity, and regional freeway access.
- Value-Add & Redevelopment Upside: Significant income and repositioning potential through lease-up, renovation, or adaptive reuse under flexible mixed-
Executive Summary
Zoned for Multi-Use | Iconic Mixed-Use Property in the Heart of Rodeo
Unlock a rare opportunity to own a landmark piece of commercial real estate in downtown Rodeo. This 8,472 SF building on a 7,500 SF lot has anchored the local business community since 1934 and is coming to market for the first time since 1976—a truly exceptional offering.
Above the commercial space sits a spacious 3-bedroom, 1-bath residential unit, updated with new kitchen appliances and a full laundry room. With full roof access and flexible zoning, the property offers additional upside—live on-site, generate rental income, or explore redevelopment possibilities.
Opportunities like this don’t come around often
Unlock a rare opportunity to own a landmark piece of commercial real estate in downtown Rodeo. This 8,472 SF building on a 7,500 SF lot has anchored the local business community since 1934 and is coming to market for the first time since 1976—a truly exceptional offering.
Above the commercial space sits a spacious 3-bedroom, 1-bath residential unit, updated with new kitchen appliances and a full laundry room. With full roof access and flexible zoning, the property offers additional upside—live on-site, generate rental income, or explore redevelopment possibilities.
Opportunities like this don’t come around often
Data Room Click Here to Access
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Building Size
8,472 SF
Building Class
C
Year Built
1934
Price
$999,900
Price Per SF
$118.02
Tenancy
Single
Building Height
2 Stories
Building FAR
1.13
Lot Size
0.17 AC
Zoning
R-B - RB (Retail Business) District designation is primarily designed to facilitate commercial, retail, and service-oriented land uses.
Parking
10 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
93’ on 3rd St
Amenities
- Corner Lot
- Fenced Lot
- Security System
- Signage
- Roof Terrace
Walk Score®
Very Walkable (73)
Property Taxes
| Parcel Number | 357-081-021-2 | Total Assessment | $79,620 (2025) |
| Land Assessment | $18,343 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $61,277 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
357-081-021-2
Land Assessment
$18,343 (2025)
Improvements Assessment
$61,277 (2025)
Total Assessment
$79,620 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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511 3rd St
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