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32764598
32764597

281 Arthur Road, Martinez, CA 94553

JS
CA 01822505
Colliers - San Francisco - Pleasanton, California
Listed by Colliers - San Francisco - Pleasanton, California
$1,800,000
14 days on market
Updated 14 days ago

281 Arthur Road

Details
APN 380-062-014-2
Property Type Multifamily, Mixed Use
Sub Type Apartment Building
Square Footage 2,200
Units 3
Occupancy 100%
Tenancy Multi
Year Built 2023
Buildings 1
Acreage 0.350
Zoning Mixed Use - Approved to Light Industrial/Commercial
Investment Type Stabilized

Multifamily | 3 Units

Marketing description

The offering of 281 Arthur Road presents a unique opportunity to acquire a newly constructed mixed-use asset in the heart of Martinez, combining immediate income potential with long-term development upside. The property consists of a modern three-unit residential building complemented by a substantial portion of commercially zoned vacant land on the same parcel-an increasingly rare configuration in today's constrained development environment.

The residential component features a newly built three-plex designed with contemporary finishes, efficient unit layouts, and strong appeal to the local renter base. As a new construction asset, the property offers investors the benefit of minimal deferred maintenance, lower operating costs, and the ability to achieve premium market rents. The quality of construction and design positions the units to attract stable tenancy and generate consistent cash flow in a supply-constrained submarket.

A key differentiator of the offering is the inclusion of excess commercially zoned land, providing a clear path for future value creation. Investors have the opportunity to develop additional commercial or mixed-use improvements, subject to city approvals, allowing for a phased investment strategy that can significantly enhance overall returns. This embedded development potential is particularly valuable in Martinez, where infill opportunities are limited and demand for both residential and neighbourhood-serving commercial uses continues to grow.

The property benefits from strong regional connectivity and proximity to major transportation corridors, employment centers, and the broader San Francisco Bay Area. Martinez continues to experience steady population growth and increasing demand for quality housing, supporting both rental rate growth and long-term asset appreciation.

281 Arthur Road represents an ideal acquisition for investors seeking a blend of stable in-place income with meaningful upside through future development. The combination of new construction, flexible zoning, and a strategic location delivers a compelling opportunity to generate both current yield and long-term value within a single asset.

Investment highlights

  • Immediate access to 1-680 providing efficient north-south connectivity throughout the Bay Area
  • Minutes to Highway 4 allowing seamless east-west distribution across Contra Costa County
  • Strategically positioned within the established 1-680 industrial corridor
  • Excellent access to key East Bay markets including Concord, Walnut Creek, and Pleasant Hill
  • Strong proximity to a diverse and skilled local labor pool
  • High visibility near major freeway corridors enhancing accessibility and identity
  • Located within a stable and active industrial hub with surrounding industrial users
  • Close proximity to service-oriented businesses, suppliers, and amenities
  • Convenient regional access to Oakland, the Port of Oakland, and inland distribution routes
  • Centrally located in Martinez with strong connectivity to the greater Bay Area

Listing Contacts

JS
CA 01822505
Colliers - San Francisco - Pleasanton, California
Listed by Colliers - San Francisco - Pleasanton, California

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