Park Boulevard
Oakland, California 94606, Estados Unidos

Nº de MLS: 371999831

USD3,090,000

Mínimo espacio privativo
1,024m² (11,022ft²)
Los detalles

Características de la propiedad

Fecha de Actualización: 11 ene 2025

Detalles de la construcción

Año de construcción
1950

Área

Área de la propiedad
1,024m² (11,022ft²)
Área del terreno/predio
650m² (7,000ft²)
Sistema de calefacción
Aire forzado

Descripción

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.

Ubicación

Park Boulevard, Oakland, California 94606, Estados Unidos
map image
Cortesía de Carol Reen Compass