642 1st St
Rodeo, CA 94572
Mixed-Use Triplex With Huge Upside · Retail Property For Sale

*** EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE. 642 1st Street in Rodeo presents a great mixed-­use opportunity for a owner operator or investor to have immediate cash flow with significant rental upside. The offering consists of a large, vacant, commercial retail space that was once a neighborhood bar and pool hall known as Troy’s Club and a detached, remodeled duplex with one 2bd/1bth unit and one vacant 1bd/1bth unit. Price discounted for cash-only purchase due to the commercial space being vacant. The duplex offers new flooring, in-­unit washer/dryers, new kitchen/bathroom cabinets, stainless steel appliances, and granite countertops. Maintenance is low and there are two water meters and three PG&E meters providing for low annual expenses. Large lot with endless possibilities for the next investor. Buyer to verify allowable business uses, redevelopment possibilities, total square feet of bar, duplex, and lot. The property is located near the main commercial district in Rodeo with excellent access to I­80. The property is near the bay and offers water views from the top of the duplex. Rodeo has benefited from significant socio­economic improvements across the region in the past several years and is fast becoming one of the most desired locations in the East Bay.