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2712-2726 Park Boulevard

Oakland, CA 94606
  • $3,190,000
  • STATUS: Active
  • ON SITE: 150 Days
  • ID#: ML81944037
UPDATED: 40 min ago
$3,190,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 11,022
    SQFT
  • $289
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

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.

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Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-03T07:38:48.867.

www.swansonrealestate.com/homes/144093341
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2712-2726 Park Boulevard Oakland, CA 94606

  • Price: $3,190,000
  • Status: Active
  • On Site: 150 Days
  • Updated: 40 min ago
  • ID#: ML81944037
0
Beds
0
Baths
0
½ Baths
0.16
Acres
11,022
SQFT
$289
$/SQFT
1950
Built
Neighborhood:
Listing
County:
Alameda
Area:
Listing
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.
Exterior Features

Carport YN No Garage YN No Lot Size Area 0.16 Parking Features None Parking Spaces Total 0

Interior Features

Building Area Total 11022 Heating Forced Air Heating YN Yes

Property Features

Accessibility Features Customized Wheelchair Accessible Age 73 Association YN No Electric On Property YN No For Sale Or Rent For Sale Present Use 503759 Property Sub Type Comm Ind For Sale Zoning RU-5

Contra Costa Association of Realtors logo Listing courtesy of Carol Reen of Compass: .


Contra Costa Association of Realtors logo Bay East ©2024. CCAR ©2024. bridgeMLS ©2024. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 2024-03-03T07:38:48.867.

 
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Swanson Real Estate Team | Keller Williams Tri-Valley Realty
2300 First Street, Suite 316
Livermore CA, 94550