Agent Photo
Pete Burman
  • Lic.# 00769393
Golden Gate Sotheby's International Realty
Golden Gate Sotheby's International Realty home
United StatesCaliforniaOaklandIvy Hill2710-2726 Park Boulevard

Oakland, California, Alameda County, 94606

$3,745,000
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$3,745,000
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12,868 Sq Ft.
Interior
12700 Sq Ft.
Exterior
Commercial
Property type
1950
Year Built
ML81918577
Web Id
ML81918577
MLS ID
Oakland Unified
School District

2710-2726 Park Boulevard

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.

Listing Courtesy of Carol Reen , Compass

PROPERTY INFORMATION

Heating
Wall Furnace
Parking Description
No Parking on Site
Water
Public

INTERIOR

Flooring
Hardwood, Tile
Listing Courtesy of Compass
Pete Burman
Pete Burman
  • Lic.# 00769393
390 Railroad Avenue
Danville, California, Contra Costa County, 94526
Listing Courtesy of Compass
Contact Agent
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