2710-2726 Park Blvd, OAKLAND, CA

$3,745,000

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12,868

Square feet

0.29

Acres

About 2710-2726 Park Blvd

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.

Features of 2710-2726 Park Blvd

MLS® # ML81918577
Price $3,745,000
Square Footage 12,868
Acres 0.29
Year Built 1950
Type Multi-Residential
Sub-Type Five or More Units
Status Active

Community Information

Address 2710-2726 Park Blvd
Area Oakland Zip Code 94606
City OAKLAND
County Alameda
State CA
Zip Code 94606

Amenities

Utilities Public Utilities
Is Waterfront No

Interior

Heating Wall Furnace
Cooling No Cooling
Fireplace No

Exterior

Roof Flat/Low Pitch
Foundation Concrete Perimeter

Additional Information

Zoning RU-5
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass
Contact Info415-728-6199

Listing Map

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