Active

2710-2726 Park Boulevard

Oakland CA, 94606

$3,745,000


$291.03 per sqft

Active

12,868 sqft

Other

Built in 1950

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.

ML81918577

MLS ID

February 10, 2023

Listed

March 15, 2024

Updated

Map

2710-2726 Park Boulevard
Oakland CA, 94606

Interior Features

Floor Description

Hardwood, Tile


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.29 Acres


Sewer

Public Sewer

Other Property Details

Area Name

Oakland


Garage

No


Parking

No Parking on Site


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

RU-5


Buyer Agency Compensation

2.5%

Listed by Carol Reen with Compass
Listing Contact: 415-728-6199 

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