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listing
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Single FamilyFor Sale
$3,745,000
2710-2726 Park Boulevard
Oakland, CA 94606
Listed by: Carol Reen from Compass, (650) 375-1111
MLS: Bay East Contra Costa (BECCAR)
12,868Sq Ft
Est. Mortgage
$19,431/mo

Seize this rare mostly vacant opportunity for an exceptional investment. Instant income generation w/an excellent Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/ great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% cap or better. A Multi-Faceted multi-use building w/5 spacious commercial units (5 vacant) & 6 well-appointed 1BD/1BA residential apartments, in a desirable rental market (3 vacant); commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF; it's a fantastic opportunity for development or expansion, adding value; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Abundant Space: ~12,700 SF Total Lot, and Per Appraiser Total Building ~12,868 SF.

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Information courtesy of Compass is subject to verification and is not guaranteed.
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