2712-2726 Park Boulevard Oakland, CA $ 3,190,000
2712-2726 Park Boulevard
$ 3,190,000
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2712-2726 Park Boulevard

Oakland, CA, 94606
$ 3,190,000
Baths0.0 Sq 11,022

Monthly Estimate*

$ 21,202

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Studio

Commercial Property for sale in Oakland, CA

for $3,190,000. This 11,022 square foot building was built in 1950 on a lot size of 0.160698.

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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Commercial Active

Price

$ 3,190,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Comm Ind For Sale

Lot Size

0.160698

Year Built

1950

Town/City

Oakland

County/Region

Alameda

MLS | Web ID

ML81944037

Features
General
Sewer Public Sewer
Heating Forced Air
Zoning RU-5
Year Built 1950
Property SubType Comm Ind For Sale
Accessibility Customized Wheelchair Accessible
County Alameda
Property Type Commercial Sale
HOA / Comm Assn Y
Garage Y/N No
Status Active
City Oakland
MLS Area Listing
Lot Size Square Feet 7000
Street Name Park Boulevard
Standard Status Active
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Exterior
Parking Features None
Water Source Public
Lot Size Area 7000
Lot Size Acres 0.16
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Interior
Heating Y/N Yes
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* Excluded Features
List By
Carol Reen

Listing Agent

Compass

Broker

carol@carolreen.com

Email

Affordability Calculator

$21,202
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,202
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/11/2023$3,190,000 Listed Price

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2712-2726 Park Boulevard, Oakland, CA, 94606 is a Commercial Property for sale at $3,190,000 with 11,022 sqft and a lot size of 0.160698. 2712-2726 Park Boulevard is a studio with 0.0 baths and was built in 1950. The property's zip code is 94606 which is in Oakland, CA