An historic building (though not on Alameda City Historical Buildings Lists) in great location across from Lincoln Park, on main bus line, and close to amenities like Encinal Market. Property may be purchased for a reliable income stream with a solid tenant base, or for development potential; Allowable height limit of 45ft, no additional parking required as located on major bus line. Buyer must independently verify any and all potential agency requirements and/or restrictions, as part of their own due diligence. Prime 1031 Up-leg Opportunity - thinking of getting out of the residential market (with of it's associated rules, regulations and expenses) and into commercial properties? This is a great opportunity to make the switch. The modified gross leases help to minimize the expenses of maintenance, utilities and taxes!