Homes for sale - , Alameda, CA 94501 – MLS#BE41064769

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Rich Krinks • BHHS Drysdale Properties

$1,920,000

Est. payment - /mo

7,840 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial Property

Listing Status Active

Purchase Type For Sale

Square Footage 7,840 sqft

Price per Sqft $244

MLS Listing ID BE41064769

Year Built 1900

Lot Size 10,379 Sqft

Property Sub-Type Commercial Property

Source Bay East

Property Description

Prime Investment Opportunity! This stunning Mixed-Use Property on two parcels boasts a thriving Fitness Center on the first floor and mezzanine level, offering a secure income stream with a long-term lease until May 31, 2027, plus a 5-year lease extension option. The first level offers very large sidewalk side windows with high ceilings and wood floors. It also includes an ADA rest room and a shower. With spacious residential units on the second floor, including a mix of 2-bedroom/2-bath, 2-bedroom/1-bath, and 1-bedroom/1-bath layouts, this property offers diverse rental income potential. The units are in very good condition and have been renovated over the years. The first floor offers the residential tenants a co-op washer and dryer. Don't miss the chance to invest in this property's expansive basement and convenient rear parking spaces accessed from Oak Street. The location is something that makes this property very special. It is near City Hall, the city parking structure, the historic Alameda Theater, along with many restaurants and retail spaces.

Location

State CA

County Alameda

Area Alameda Map Area 2

Zoning Comm

Interior

Flooring Linoleum, Other, Carpet - Wall to Wall, Wood, Concrete

Exterior

Exterior Feature Brick

Parking Features Assigned Spaces, Common Parking Area, Common Parking - Private

Garage Spaces 6.0

Utilities Available Electricity - On Site, Gas - On Site, Electricity - 60 Amps or Less, Sewer - Public

Roof Type Other

Building

Story Two Story

Water Hot Water, Public

Others

Tax ID 71-202-23

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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