Active
2710-2726 Park Boulevard
Oakland CA, 94606
$3,745,000
$291.03 per sqft
Active
12,868 sqft
Commercial
Built in 1950
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.
ML81918577
MLSⓇ ID
February 10, 2023
Listed
November 12, 2023
Updated
Map
2710-2726 Park Boulevard
Oakland CA, 94606
Interior Features
Floor Description
Hardwood, Tile
Fireplace
No
Cooling
Yes
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.29 acres
Sewer
Public Sewer
Other Property Details
Garage
No
Parking
No Parking on Site
View
No
County
Alameda
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
---|---|---|
10/3/2023 | Price Change | $3,745,000 -5% |
Courtesy of Carol Reen with Compass
Listing Contact:
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