408-747-9345
1260 Park St, Alameda, CA for Sale
Service Station - FOR SALE
1/15
null | Request Cap Rate

1260 Park St
Alameda, CA 94501


HIGHLIGHTS

  • Rare ampm/ARCO gas station on a spaciuos 20540 sqft lot in Alameda's bustling downtown area.
  • Promises immediate returns and diverse future development possibilities in Alameda's thriving downtown scene.
  • Prime corner location at Park St and Encinal Ave (G1), a highly busy commercial intersection.
  • Impressive gross revenue of approximately $8.5M, showcasing its profitability.
  • Significant value-added potential through redevelopment opportunities.
  • Easy access to Freeways 880 and 580, ensuring convenient accessibility.

OVERVIEW

Welcome to an exceptional investment opportunity in the heart of Alameda downtown – the rarely available ampm/ARCO gas station. This 1612 sqft Service Station Retail, nestled on a spacious 20540 sqft lot, boasts an enviable location at the bustling intersection of Park St and Encinal Ave (G1). This sale includes both the property and the business. Positioned within a vibrant and high-traffic commercial area, this property offers an excellent investment prospect with remarkable potential. With a gross revenue of approximately $8.5M, this gas station presents a lucrative opportunity for a discerning investor seeking a profitable venture. Moreover, its strategic positioning on a busy street ensures consistent foot traffic and visibility, contributing to its commercial appeal. The property's substantial value is further amplified by its redevelopment potential, opening doors to a variety of possibilities. Convenience is paramount, as this gas station offers seamless accessibility to major freeways 880 & 580, enhancing its appeal to both local patrons and commuters. Its prime location and lucrative revenue stream make it an ideal investment with promising returns. This property represents a rare chance to acquire a high-performing gas station in an in-demand location, promising not just immediate returns but also the potential for future development and expansion. Don't miss the opportunity to own a valuable piece of real estate in Alameda's thriving downtown area.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

ampm / ARCO

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,552 SF

ZONING

Commercial

APN/PARCEL ID

070-0184-001-03

ASK ABOUT THIS PROPERTY

Betty ShenCompass CommercialMore Info
408-747-9345

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Betty ShenCompass CommercialMore Info
408-747-9345

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.