Property Description

Seize this rare mostly vacant opportunity for an exceptional investment. Instant income generation w/an excellent 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% cap or better. A Multi-Faceted multi-use building w/5 spacious commercial units (5 vacant) & 6 well-appointed 1BD/1BA residential apartments, in a desirable rental market (3 vacant); 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 ~ 3,000 SF; it’s a fantastic opportunity for development or expansion, adding value; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Abundant Space: ~12,700 SF Total Lot, and Per Appraiser Total Building ~12,868 SF.

Features
: Wall Furnace
: Hardwood, Tile
: No Parking On Site
Address Map
CA
Alameda
Oakland
94606
2710-2726 Park Boulevard
0
W123° 45' 31.3''
N37° 48' 7.9''
MLS Addon
Compass
Carol Reen
carol@carolreen.com
MLL5091053
MLL39596
: Public

Commercial Sale For Sale

2710-2726 Park Boulevard, Oakland, California 94606

12,868 Sqft
$3,645,000
Listing ID #ML81918577
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81918577
Price : $3,645,000
Square Footage : 12,868 Sqft
Year Built : 1950
Lot Area : 12,700 Sqft
Status : Active
Property SubType : Other
Agent info
Michael Roberts
Contact Agent