1407 Miller Ave - Storefront Retail/Residential FOR SALE


Oakland, CA 94601
$900,000 USD
925-200-1586
1407 Miller Ave, Oakland, CA for Sale
$900,000 USD
Storefront Retail/Residential - FOR SALE
1/48
null | 7.53% Cap Rate

1407 Miller Ave
Oakland, CA 94601


HIGHLIGHTS

  • Renovated Commercial Restaurant
  • Large Units above Restaurant

OVERVIEW

Opportunity for Investor. Mixed use building. Sidewalk Certification & Sewer Lateral Certification completed 2022. Work not reflected in pictures. The building has 2 commercial units, one is a tire shop and the other is a restaurant. The restaurant contains 2,119 square feet and consists of an ordering counter, seating area, full kitchen with grease trap, fume hood, and newly installed cooler. Major remodeling/Tenant paid improvements 2020. Newer Icebox/Refrigerator. Full Kitchen. Two units above restaurant. They are both of a two-bedroom, one and one-half bath configuration in a two-story townhouse style layout containing around 1,360 square feet each. Very nice rooms. Living room and kitchen large with half bath on main level. New flooring in both units. One laminate floor. One wall to wall carpeting. There is additional space above units (roof top) that can be accessed. Long-term tenants. Tire/Iron shop in commercial spaces on two year leases.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

7.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Auto Repair, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CN-3

APN/PARCEL ID

020-0153-008-00

ASK ABOUT THIS PROPERTY

Rick RodriguezCore One Real Estate & Management IncMore Info
925-200-1586

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Rick RodriguezCore One Real Estate & Management IncMore Info
925-200-1586

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