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3188 Alvarado St

13,484 SF Vacant Retail Building San Leandro, CA 94577 $4,250,000 ($315/SF)

Investment Highlights

  • Established Restaurant Site at High Traffic Intersection of Fremont Avenue & Alvarado Street
  • Site offers excellent visibility and ingress/egress with two access points
  • Adjacent yard area can also be utilized
  • Surrounded by vibrant business parks and a dense residential neighborhood
  • Dedicated Lot with Ample Parking – 85 Stalls
  • Can accommodate restaurant, retail and other uses

Executive Summary

±11,234 SF restaurant/retail building and ±2,250 SF separate retail building. Zoning: CN- Neighborhood Commercial.

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,484 SF
Building Class
C
Year Built
1965
Price
$4,250,000
Price Per SF
$315
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Land Acres
1.28 AC
Zoning
C-N - Commercial
Parking
82 Spaces (6.08 Spaces per 1,000 SF Leased)
Frontage
273 FT on Fremont Ave

Amenities

  • Pylon Sign
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 5,121 SF
  • Restaurant
  • End Cap
  • Now

First year's rent reduced to $1.30/SF/Gross. Established Restaurant Site at High Traffic Intersection of Fremont Avenue & Alvarado Street. ±5,121 SF Restaurant Opportunity Includes: ±3,981 SF Vacant Restaurant±1,161 SF Vacant Bar - Existing Equipment- Parking

Space Size Space Use Position Available
1st Floor 5,121 SF Restaurant End Cap Now

1st Floor

Size
5,121 SF
Space Use
Restaurant
Position
End Cap
Available
Now

1st Floor

Size 5,121 SF
Space Use Restaurant
Position End Cap
Available Now

First year's rent reduced to $1.30/SF/Gross. Established Restaurant Site at High Traffic Intersection of Fremont Avenue & Alvarado Street. ±5,121 SF Restaurant Opportunity Includes: ±3,981 SF Vacant Restaurant±1,161 SF Vacant Bar - Existing Equipment- Parking

Nearby Major Retailers

24 Hour Fitness
Safeway
Ono Hawaiian BBQ
Starbucks
Five Guys
La Salsa Fresh Mexican Grill
Grocery Outlet
Anytime Fitness
Bank of Montreal
Storagepro

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
077B-0800-004-02
Land Assessment
$883,687
Improvements Assessment
$1,089,881
Total Assessment
$1,973,568
  • Listing ID: 24048139

  • Date on Market: 9/7/2021

  • Last Updated:

  • Address: 3188 Alvarado St, San Leandro, CA 94577

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