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2712-2726 Park BLVD, OAKLAND, CA 94606
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$3,090,000
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Property Details for 2712-2726 Park BLVD
Price
$3,090,000
Type
commercial/industrial
Year Build
1950
Lot Size
0.1607
County
Alameda
MLS®️ Listing#
ML81944037
On exitrealty.com
366 days
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.
- Cooling Information
- None
- Heating Information
- Forced Air
- House Interior
- Wheelchair Access
- Utilities
- Public Utilities
Listing courtesy: Compass - (415) 660-9955
The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. IDX Information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information provided through IDX by MLSListings Inc.
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
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$3,090,000
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
Licensed in the state of California
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425