Christie's International Real Estate - Sereno
Kendra Gaeta, Christie's International Real Estate - SerenoPhone: (408) 728-0537
Email: [email protected]
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listing
1 of 19
CommercialFor Sale
$3,090,000
2712-2726 Park Blvd
Oakland, CA 94606
Listed by: Carol Reen from Compass, 415-728-6199
MLS: MLSListings Inc.
11,022Sq Ft
Est. Mortgage
$16,050/mo

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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Based on information from the MLSListings MLS as of 11/16/2024 03:35 AM. 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 courtesy of Compass is subject to verification and is not guaranteed.
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