CA
Alameda
OAKLAND
94606
2712-2726 Park BLVD
2712-2726 Park BLVD, OAKLAND, CA 94606
Listing Type
commercial/industrial
Listing Status
active
19
$3,090,000

Home Details for 2712-2726 Park BLVD

Price
$3,090,000
Type
Commercial
Bedrooms
0
Bathrooms
0.0
Square feet
NaN
Year built
1950
Lot size acres
0.1607
County
Alameda
Garage
Days on site
290
MLS Listing#
ML81944037
Listing courtesy: Compass - (415) 660-9955
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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • House Interior
    • Wheelchair Access
  • Utilities
    • Public Utilities
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EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
Office
408 778 9990
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