Active
2710-2726 Park BLVD
OAKLAND CA, 94606
$3,645,000
$283.26 per sqft
Active
12,868 sqft
Multi-family
Built in 1950
Listed by Compass, Carol Reen, Listing Contact: 4157286199
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
September 13, 2024
Updated
Map
2710-2726 Park BLVD
OAKLAND CA, 94606
Interior Features
Interior Features
Hardwood, Tile
Appliances
Oven, Range
Floor Description
Hardwood, Tile
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.29 Acres
Sewer
Public Sewer
School Information
School District
Oakland Unified
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 | $3,645,000 -3% |
10/3/2023 | Price change | $3,745,000 -5% |
Listed by Compass, Carol Reen,
Listing Contact: 4157286199
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Rick Smith shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the MLS Listings, Inc. MLS system. Real estate listings held by brokerage firms other than Rick Smith are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents.
©2024 MLS Listing, Inc. All rights reserved. 2024
Data last updated 9:04 PM UTC, 9/13/2024