ampm / ARCO | 1260 Park St
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ampm / ARCO 1260 Park St
1,612 SF Retail Building Alameda, CA 94501 For Sale
Investment Highlights
- Rare ampm/ARCO gas station on a spaciuos 20540 sqft lot in Alameda's bustling downtown area.
- Prime corner location at Park St and Encinal Ave (G1), a highly busy commercial intersection.
- Significant value-added potential through redevelopment opportunities.
- Promises immediate returns and diverse future development possibilities in Alameda's thriving downtown scene.
- Impressive gross revenue of approximately $8.5M, showcasing its profitability.
- Easy access to Freeways 880 and 580, ensuring convenient accessibility.
Executive Summary
Welcome to an exceptional investment opportunity in the heart of Alameda downtown – the rarely available ampm/ARCO gas station. This 1612 sqft Service Station Retail, nestled on a spacious 20540 sqft lot, boasts an enviable location at the bustling intersection of Park St and Encinal Ave (G1). This sale includes both the property and the business.
Positioned within a vibrant and high-traffic commercial area, this property offers an excellent investment prospect with remarkable potential. With a gross revenue of approximately $8.5M, this gas station presents a lucrative opportunity for a discerning investor seeking a profitable venture.
Moreover, its strategic positioning on a busy street ensures consistent foot traffic and visibility, contributing to its commercial appeal. The property's substantial value is further amplified by its redevelopment potential, opening doors to a variety of possibilities.
Convenience is paramount, as this gas station offers seamless accessibility to major freeways 880 & 580, enhancing its appeal to both local patrons and commuters. Its prime location and lucrative revenue stream make it an ideal investment with promising returns.
This property represents a rare chance to acquire a high-performing gas station in an in-demand location, promising not just immediate returns but also the potential for future development and expansion. Don't miss the opportunity to own a valuable piece of real estate in Alameda's thriving downtown area.
Positioned within a vibrant and high-traffic commercial area, this property offers an excellent investment prospect with remarkable potential. With a gross revenue of approximately $8.5M, this gas station presents a lucrative opportunity for a discerning investor seeking a profitable venture.
Moreover, its strategic positioning on a busy street ensures consistent foot traffic and visibility, contributing to its commercial appeal. The property's substantial value is further amplified by its redevelopment potential, opening doors to a variety of possibilities.
Convenience is paramount, as this gas station offers seamless accessibility to major freeways 880 & 580, enhancing its appeal to both local patrons and commuters. Its prime location and lucrative revenue stream make it an ideal investment with promising returns.
This property represents a rare chance to acquire a high-performing gas station in an in-demand location, promising not just immediate returns but also the potential for future development and expansion. Don't miss the opportunity to own a valuable piece of real estate in Alameda's thriving downtown area.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,612 SF
Building Class
C
Year Built/Renovated
1967/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Land Acres
0.47 AC
Zoning
Commercial - Service Station and redevelopment .
Parking
5 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
Walk Score ®
Walker's Paradise (99)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 070-0184-001-03 | Improvements Assessment | $167,325 (2024) |
| Land Assessment | $2,063,675 (2024) | Total Assessment | $2,426,881 (2024) |
PROPERTY TAXES
Parcel Number
070-0184-001-03
Land Assessment
$2,063,675 (2024)
Improvements Assessment
$167,325 (2024)
Total Assessment
$2,426,881 (2024)
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ampm / ARCO | 1260 Park St
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