Property Details
About this Property
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.
MLS Listing Information
MLS #
ML81944037
MLS Source
MLSListings, Inc.
Days on Site
395
Commercial Information
Parking Spaces
0
Present Use
Mixed, Office, Residential, Retail
Utilities
Public Utilities, Water - Public
Interior Features
Cooling
None
Heating
Forced Air
Exterior Features
Roof
Flat
Foundation
Concrete Perimeter
Parking, School, and Other Information
Sewer
Public Sewer
Water
Public
Zoning
RU-5
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2712-2726 Park Blvd is a Commercial Sale in Oakland, CA 94606. This 11,022 square foot property sits on a 7,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,090,000 and was built in 1950. This address can also be written as 2712-2726 Park Blvd, Oakland, CA 94606.
©2024 MLSListings Inc. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from MLSListings Inc.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of October 07, 2024. For the most current information, please contact Carol Reen, (415) 728-6199
