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2061 Alvarado St

1,179 SF Retail Building San Leandro, CA 94577 $1,800,000 ($1,527/SF)

Investment Highlights

  • Great Corner Location
  • Easy access to freeway
  • Large Lot

Executive Summary

Price of the building includes the current business. Owner wants to sell them together. Owner may be willing to sell business separately for $700,000 but will not sell building alone. There is a franchise transfer fee with the business. Owner is not currently paying rent but all other NNN charges are included in financial statements. Great corner location near Outlet Stores and Highway 880. Over 11,000 square foot lot with commercial zoning. Great visibility. Building is appx. 1200 square feet with appx. 15 parking spaces. Lots of potential to increase business via food delivery such as Doordash or Ubereats. Appx. 30-40% of the business is through regular customers. Please do not disturb business operations. Please call Judy Lee to make appointment to view. 510-847-5086.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,179 SF
Building Class
C
Year Built
1964
Price
$1,800,000
Price Per SF
$1,527
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.27 AC
Zoning
IG(S) - Industrial General District - Special
Parking
13 Spaces (11.03 Spaces per 1,000 SF Leased)
Frontage
79 FT on Alvarado St

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Skylights
  • Drive Thru
  • Storage Space
  • Air Conditioning

Nearby Major Retailers

Five Guys
La Salsa Fresh Mexican Grill
Starbucks
Anytime Fitness
Grocery Outlet
Ono Hawaiian BBQ
Bank of Montreal
Chase
U.S. Bank
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077A-0648-009-01
Land Assessment
$615,496
Improvements Assessment
$382,032
Total Assessment
$997,528
  • Listing ID: 30955755

  • Date on Market: 2/14/2024

  • Last Updated:

  • Address: 2061 Alvarado St, San Leandro, CA 94577

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