27122726 Park Boulevard, Oakland, CA, 94606

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$3,090,000
619 Days On Site

27122726 Park Boulevard
Oakland, CA 94606

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
11,022
SqFt
$280
/SqFt
1950
Built
County:
Alameda
Listed by Carol Reen of Compass [email protected]
27122726 Park Boulevard27122726 Park Boulevard27122726 Park Boulevard27122726 Park Boulevard
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Monthly Payment (Est.)

$14,098
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Seize a rare 75% vacant opportunity for an exceptional investment & excellent frontage. Instant income generation w/a superb 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% Pro Forma cap. A multi-use building w/5 spacious commercial units (vacant) & 6 1BD/1BA residential apartments (3 vacant), in a desirable rental market; 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 ~3k SF; it's a fantastic opportunity for development or expansion; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Increasing Building Height is an option! Abundant Space: ~12,700 SF Total Lot, & Per Appraiser Total Building ~12,868 SF.

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Listing Snapshot
Price 
$3,090,000
Days On Site 
619 Days
Bedrooms 
N/A
Inside Area (SqFt) 
11,022 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1607 Acres
Year Built 
1950
MLS® Number 
ML81944037
Status 
Active
Property Tax 
$15,937
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
12 months agoPrice changed to $3,090,000
2 years agoListing first seen on site
General Features
Acres 
0.1607
Additional Property Use 
Residential
Number Of Stories 
2
SqFt Total 
11022
Water Source 
Public
Zoning 
RU-5
Interior Features
Cooling 
None
Heating 
Forced Air
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Exterior Features
Roof 
Flat
Community Features
MLS Area 
699 - Not Defined


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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