Park Boulevard
Oakland, Californie 94606, États-Unis

# MLS: 371999831

3 090 000 $US USD

Surface vendable minimale
1 024m² (11 022ft²)
Les détails

Caractéristiques de la propriété

Date mise à jour: 19 déc. 2024

Détails sur la construction

Année de construction
1950

Superficie

Superficie de la propriété
1 024m² (11 022ft²)
Superficie du terrain/lot
650m² (7 000ft²)
Système de chauffage
air pulsé

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.

Emplacement

Park Boulevard, Oakland, Californie 94606, États-Unis
map image
Courtoisie de Carol Reen Compass