27122726 Park Boulevard, Oakland, CA 94606
  • MLS#: ML81944037 ( Commercial )
  • Street Address: 27122726 Park Boulevard
  • Viewed: 16
  • Price: $3,090,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1950
  • Bldg sqft: 0
  • Days On Market: 509
  • Additional Information
  • County: ALAMEDA
  • City: Oakland
  • Zipcode: 94606
  • Provided by: Compass
  • Contact: Carol Carol
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Property Type
  1. Commercial
Views
  1. 16