Active
2712-2726 Park BLVD
OAKLAND CA, 94606
$3,090,000
$280.35 per sqft
Active
11,022 sqft
Commercial
Built in 1950
Listed by Compass, Carol Reen, Listing Contact: 4157286199
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.
ML81944037
MLSⓇ ID
October 4, 2023
Listed
November 22, 2024
Updated
Map
2712-2726 Park BLVD
OAKLAND CA, 94606
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Sewer
Public Sewer
Other Property Details
Area Name
Oakland Zip Code 94606
Garage
No
View
No
County
Alameda
Water Source
Public
Pool
No
Zoning
RU-5
Listing History
Date | Event | Price |
---|---|---|
6/24/2024 | Price change | $3,090,000 -4% |
Listed by Compass, Carol Reen,
Listing Contact: 4157286199
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Data last updated 4:44 AM UTC, 11/22/2024