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
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: Forced Air
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Address Map
U.S.
California
Alameda
Oakland
94606
27122726 Park Boulevard
0
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N0° 0' 0''
MLS Addon
$0
11,022 Sqft
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: No
336
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2

Commercial Sale For Sale Oakland

27122726 Park Boulevard, Oakland, Alameda, California, 94606

7,000 Acre
Visits : 9 in 353 days
$3,090,000
Listing ID #ML81944037
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : ML81944037
Price : $3,090,000
Year Built : 1950
Lot Area : 7,000 Acre
Status : Active
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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