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1513-1515 14th Ave
2,076 SF Retail Condo Unit Offered at $650,000 in Oakland, CA 94606
Investment Highlights
- 2,200 SF with exceptional street visibility through 10 large windows.
- : Located in a vibrant area with high accessibility and potential for business growth.
- Suitable for businesses like a massage parlor, hair salon, nail salon, grocery store, convenience store, retail store, office space, and more.
Executive Summary
Ground-level commercial retail unit in an 18-unit residential apartment building. Surrounded by various businesses including auto shops, restaurants, hardware stores, motels, and markets.
Property Facts
1 Unit Available
Unit C1
| Unit Size | 2,076 SF | Cap Rate | 3.42% |
| Price | $650,000 | NOI | $22,230 |
| Price Per SF | $313.10 | No. Parking Spaces | 2 |
| Condo Use | Retail | APN/Parcel ID | 020-0169-020-00 |
| Sale Type | Investment or Owner User |
| Unit Size | 2,076 SF |
| Price | $650,000 |
| Price Per SF | $313.10 |
| Condo Use | Retail |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.42% |
| NOI | $22,230 |
| No. Parking Spaces | 2 |
| APN/Parcel ID | 020-0169-020-00 |
Description
This prime commercial retail unit located at the ground level of an 18-unit residential apartment home presents a fantastic opportunity for businesses looking to establish themselves in a thriving hub. Located at a bustling area surrounded by various businesses, including auto shops, restaurants, hardware stores, motels and markets, this 2200 SF space offers exceptional street visibility with its 10 large windows. The interior is currently divided into rooms of various sizes, suitable for different business needs, but can easily be reconfigured into a single large space by removing the partition walls. This unit also includes four designated parking spaces inside the garage, ensuring convenience for employees and customers alike. The flexible layout allows for potential sub-leasing to multiple tenants, providing an additional revenue stream. This versatile space is ideal for a wide range of businesses, including a massage parlor, hair salon, nail salon, grocery market, convenience store, retail store, office space, and more. Nestled in a vibrant area with high foot traffic and accessibility, this unit offers excellent growth potential for any business. This is a golden opportunity to start a new venture or expand an existing one.
Sale Notes
Call for appointment, 24 hours notice for showing. All information provided is deemed reliable but is not guaranteed and should be independently verified by the buyer. Listing broker and agents assume no responsibility for typographical errors, misprints, or misinformation. Buyer to verify all information including square footage, permits, school district boundaries, and any other pertinent details. Offers to be submitted by email. Please include proof of funds and a pre-approval letter with all offers. Contact listing agent for additional disclosures and reports. Property is being sold 'as-is.' Seller reserves the right to accept, counter, or reject any offer.
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Wheelchair Accessible (Rooms)
Site Amenities
- Recycling
- Storage Space
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Gary Chen - CT Square Inc.
Learn More About Investing in Apartment Buildings
Presented by
CT Square Inc.
1513-1515 14th Ave
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