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.
MLS #
ML81918577
MLS Source
MLSListings, Inc.
Days on Site
445
Buyer's Brokerage Compensation*
2.50
Appliances
Oven Range
Flooring
Carpet, Hardwood, Tile
Cooling
None
Heating
Wall Furnace
Roof
Flat
Foundation
Concrete Perimeter
Garage/Parking
No Parking, On Street, Garage: 0 Car(s)
Elementary District
Oakland Unified
High School District
Oakland Unified
Sewer
Public Sewer
Water
Public
Zoning
RU-5
# Buildings | # Leased Units | # Total Units |
---|---|---|
2 | 5 | 12 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | – | 0/0 | – | – | 6 |
2 | – | 1 | 1/0 | – | – | 6 |
2710-2726 Park Blvd is a Residential Income in Oakland, CA 94606. This 12,868 square foot property sits on a 0.291 Acres Lot and features – bedrooms & – full bathrooms. It is currently priced at $3,745,000 and was built in 1950.
This address can also be written as 2710-2726 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.
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This listing information is up-to-date as of March 04, 2024. For the most current information, please contact Carol Reen, (415) 728-6199