2712-2726 Park Boulevard Active Save Request In-Person Tour Request Virtual Tour
Oakland,CA 94606
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 11,022 sqft
Price per Sqft $280
MLS Listing ID ML81944037
HOA Y/N No
Year Built 1950
Lot Size 7,000 Sqft
Acres 0.16
Property Description
Seize a rare 75% vacant opportunity for an exceptional investment & excellent frontage. Instant income generation w/a superb Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% Pro Forma cap. A multi-use building w/5 spacious commercial units (vacant) & 6 1BD/1BA residential apartments (3 vacant), in a desirable rental market; commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~3k SF; it's a fantastic opportunity for development or expansion; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Increasing Building Height is an option! Abundant Space: ~12,700 SF Total Lot, & Per Appraiser Total Building ~12,868 SF.
Location
State CA
County Alameda
Area Listing
Zoning RU-5
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Parking Type None
Building
New Construction No
Others
Tax ID 022033901701