Park Boulevard
Oakland, California, Estados Unidos

MLS Nº: 371999831

3.090.000 US$ USD

  • Espacio mínimo comercializable
    1.024m²  (11.022ft²)
Detalles

Características del inmueble

Información de la construcción

  • Año de construcción: 1950

Otras características

  • Sistema de calefacción: Aire Forzado

Área

  • Tamaño del inmueble: 1.024m²  (11.022ft²)
  • Tamaño del terreno/parcela: 650m²  (7.000ft²)

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

Oakland, California, Estados Unidos
Cortesía de Carol Reen Compass