2712-2726 Park - Flex FOR SALE


Oakland, CA 94606
$3,090,000 USD
415-728-6199
2712-2726 Park, Oakland, CA for Sale
$3,090,000 USD
Flex - FOR SALE
1/19
null | 6.45% Cap Rate

2712-2726 Park
Oakland, CA 94606


HIGHLIGHTS

  • Urban Revival: The Ivy Hill neighborhood of Oakland is known for its charm, diversity, and accessibility.
  • Location: Strategically situated, offering easy access to local amenities, public transportation, and major highways.
  • Diverse Income Streams: With a mix of residential and commercial units helps protect your investment during economic fluctuations.
  • Multi-Faceted Property: Multi-use building with 5 vacant spacious commercial units within the building & 6 1BD / 1BA apartments.
  • Adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF. Aantastic opportunity for development or expansion.

OVERVIEW

Fantastic opportunity with amazing Commerical properties ready to go and ready for build out. Seize this rare 75% vacant opportunity with adjacent vacant lot and excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill. Investment Highlights: - Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes. - Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings. - Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option! - Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.

FOR SALE DETAILS

PRICE

$3,090,000 USD

PRICE/SF

$282 USD /SF

CAP RATE

6.45%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2712-2726 Park Blvd.

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23

LAND SF

10,019

ZONING

RU-5

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Carol ReenCompass Real EstateMore Info
415-728-6199

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

Carol ReenCompass Real EstateMore Info
415-728-6199

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