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
445
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.
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This listing information is up-to-date as of October 07, 2024. For the most current information, please contact Carol Reen, (415) 728-6199
