Investment Overview
245 & 251 24th Street offer a rare owner-user opportunity to acquire an approximately 8,000 SF connected automotive facility on approximately 10,019 SF of land in Richmond, California.
The building is divided into two approximately 4,000 SF sections, each on a separate APN and available for purchase individually or together.
245 24th Street is configured as an automotive body and collision repair facility and features a fully permitted, heated and ventilated downdraft paint booth.
251 24th Street is configured as an automotive mechanical repair shop with existing automotive-oriented improvements.
The properties may be acquired separately for $1,175,000 and $1,195,000, or together for $2,370,000.
A substantial automotive equipment and tangible asset package is also available separately for $350,000, including vehicle lifts, paint mixing systems, compressors, shop equipment, office FF&E, shelving, tools and parts inventory.
The equipment package is a separate offering and does not include the operating business, business name, goodwill, website, social media accounts, customer lists, phone numbers, intellectual property, or other intangible assets.
The combined real estate and equipment opportunity is offered at $2,720,000.