6097-6099 Claremont Ave - Storefront Retail/Office FOR SALE


Oakland, CA 94618- Rockridge
$2,125,000 USD
510-652-1252
6097-6099 Claremont Ave, Oakland, CA for Sale
$2,125,000 USD
Storefront Retail/Office - FOR SALE
1/7
null | 7.2% Cap Rate

6097-6099 Claremont Ave
Oakland, CA 94618
Rockridge


OVERVIEW

Seller Financing: 60% LTV, 5% Interest Only for Five Years (For qualified borrowers/buyers) Loopnet listed Cap Rate is Proforma Cap Rate: 7.2% Proforma Cash Return: 10.5% (Buyer to verify its own numbers and assumptions) 100% Leased Asset Financials Available Upon Request 100 % LEASED Commercial building of approximately 5,106 square feet on a parcel of land of approximately 2,691 square feet, consisting of: Szifio Restaurant Claremont Rug 2 10 handsomely appointed therapy offices Excellent visibility Frontage on two streets, Claremont and 62nd Street Large Basement Easy access to all amenities, BART, major freeways Situated amidst Safeway, Bank of America, Cole Coffee, Philz Coffee, Wood Tavern, Peet’s Coffee, and many others Zoned CN-1 (check with City for allowable uses and development standards) Easy street parking

FOR SALE DETAILS

PRICE

$2,125,000 USD

PRICE/SF

$416 USD /SF

CAP RATE

7.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1912

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,614 SF

ZONING

CN-1

APN/PARCEL ID

016-1407-010-00

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510-652-1252

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Ito RipsteenVine Street InvestmentsMore Info
510-652-1252

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