2712-2726 Park Blvd, OAKLAND, CA

$3,190,000

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11,022

Square feet

0.16

Acres

About 2712-2726 Park Blvd

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.

Features of 2712-2726 Park Blvd

MLS® # ML81944037
Price $3,190,000
Square Footage 11,022
Square Footage Assessor
Acres 0.16
Year Built 1950
Type Common Interest
Sub-Type Commercial Property
Status Active

Community Information

Address 2712-2726 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 Central Forced Air Heat
Cooling No Cooling
Fireplace No
# of Stories 2

Exterior

Roof Flat/Low Pitch
Foundation Concrete Perimeter

Additional Information

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

Listing Details

AgentCarol Reen
OfficeCompass
Contact Info415-728-6199

Listing Map

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