2712-2726 Park Blvd. | 2712-2726 Park
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2712-2726 Park Blvd. 2712-2726 Park
10,943 SF 100% Leased Flex Building Oakland, CA 94606 $3,090,000 ($282/SF) 6.45% Cap Rate
Investment Highlights
- Urban Revival: The Ivy Hill neighborhood of Oakland is known for its charm, diversity, and accessibility.
- Diverse Income Streams: With a mix of residential and commercial units helps protect your investment during economic fluctuations.
- Adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF. Aantastic opportunity for development or expansion.
- Location: Strategically situated, offering easy access to local amenities, public transportation, and major highways.
- Multi-Faceted Property: Multi-use building with 5 vacant spacious commercial units within the building & 6 1BD / 1BA apartments.
Executive Summary
Fantastic opportunity with amazing Commerical properties ready to go and ready for build out. Seize this rare 75% vacant opportunity with adjacent vacant lot and excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill.
Investment Highlights:
- Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.
- Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings.
- Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!
- Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.
Investment Highlights:
- Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.
- Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings.
- Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!
- Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.
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
Amenities
- Bus Line
- Fenced Lot
- Signage
Walk Score ®
Very Walkable (82)
zoning
| Zoning Code | RU-5 (Urban Residential) |
| RU-5 (Urban Residential) |
-
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2712-2726 Park Blvd. | 2712-2726 Park
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