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.

Features
: Forced Air
: Customized Wheelchair Accessible
Address Map
CA
Alameda
Oakland
94606
2712-2726 Park Boulevard
0
W123° 45' 31.9''
N37° 48' 7.7''
MLS Addon
Compass
Carol Reen
carol@carolreen.com
MLL5096567
MLL5097645
: Public

Commercial Sale For Sale

2712-2726 Park Boulevard, Oakland, California 94606

11,022 Sqft
$3,090,000
Listing ID #ML81944037
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81944037
Price : $3,090,000
Square Footage : 11,022 Sqft
Year Built : 1950
Lot Area : 7,000 Sqft
Status : Active
Property SubType : Comm Ind For Sale
Agent info
Michael Roberts
Contact Agent