4935 Shattuck AveOakland, CA 94609
TEMESCAL · Alameda County
$1,800,000List price
4,687Sq Ft
1956Year built
0.11Acre lot
8 days agoOn market
Description
Fully-leased 5 unit retail investment opportunity located in Oakland's vibrant Temescal district. 4935 Shattuck Ave is anchored by the Michelin Guide-recommended restaurant Snail Bar. Remaining tenants include a cafe, an additional restaurant equipped with a full kitchen build-out, a hair salon and an African market. With an average of 4+ years remaining on the existing leases, investors will benefit from immediate stable cash flow and annual rent escalations that offer steady upside. Property currently generates $166,170/yr in gross scheduled income and is being offered at 6.37% cap rate. Contact brokers for more information.
Property Information
- Property type
- Commercial Sale
- Sub-type
- Industrial
- Year built
- 1956
- Living area
- 4,687 Sq Ft
- Lot size
- 0.11 acres
- Parking spaces
- 1
- Zoning
- N/A
- Days on market
- 8
- MLS® Listing#
- 41148906
Property Features
- Parking
- Garage
- Lot features
- Corner Lot
- Construction
- Stucco
Financial Details
- HOA
- None
- Parcel number
- 14121712
Listing Courtesy: Red Oak Realty - 5102922000
Presented by: Thomas Garabedian Cone
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IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
