CA
Alameda
OAKLAND
94606
2712-2726 Park Boulevard
2712-2726 Park Boulevard, OAKLAND, CA 94606
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Listing Type
Commercial/Industrial
Listing Status
active
19
$3,090,000
Home Details for 2712-2726 Park Boulevard
Price
$3,090,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
0.0
Square feet
11022
Year built
1950
Lot size acres
0.1607
County
Alameda
Garage
Days on site
490
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
Water Features
- Public
House Interior
- Wheelchair Access
Utilities
- Public Utilities
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from MLSListings.
EXIT REALTY KEYSTONE
16175 Monterey #A, Morgan Hill, CA 95037CA DRE# 01348955. Margaret Vierra broker - CA DRE# 01183425
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