7327-7335 MacArthur Blvd - Storefront FOR SALE


Oakland, CA 94605
$650,000 USD
510-822-1331
7327-7335 MacArthur Blvd, Oakland, CA for Sale
$650,000 USD
Storefront - FOR SALE
1/9
null | 8.06% Cap Rate

7327-7335 MacArthur Blvd
Oakland, CA 94605


HIGHLIGHTS

  • Large Retail/Church Investment Offering 6,930 SqFt
  • 7327 MacArthur Blvd Offers 2,430 Square Feet and 733 MacArthur Blvd Offers 4,500 Square Feet
  • Seller Financing Available with Excellent Terms
  • Delivered Vacant at Close of Escrow
  • Perfect Opportunity for Owner-User or Investor Looking to Lease at Max Market Rates
  • Appraised in June 2023 for $1,800,000 – Huge Value-Add Opportunity

OVERVIEW

Two-unit retail property offering approximately 6,930 square feet of rental space. The property has a use code allowing for retail and churches providing maximum flexibility for the next owner. The property is split between 7327 MacArthur Blvd offering 2,430 square feet and 7335 MacArthur Blvd offering 4,500 square feet. The property is currently tenant occupied with a family friend of the owner but will be delivered vacant at close of escrow. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. There is a large 200 apartment development approved across the street at 7300 MacArthur Blvd which should transform the neighborhood. The property was appraised in 2023 for $1,800,000 making for a perfect opportunity for an investor to acquire an undervalued asset in a rapidly improving neighborhood with excellent longterm potential. Trust sale not subject to court confirmation. *** EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$94 USD /SF

CAP RATE

8.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

MacArthur Retail & Church Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Manufacturing, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

-

APN/PARCEL ID

040-3400-003-01,040-3400-004-00

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

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