Contacts
Michael Young
Intero Commercial
(415) 866-6470
Yuan Chang
Intero Commercial
(408) 417-0099
Property Details
- Property Type Retail
- Property Size 2,630 SF
- Lot Size 2,500 SF
- Parking Spaces Avail. 3
- Parking Ratio 1.14 / 1,000 SF
- Year Built 1910
- Date Updated Apr 3, 2024
This unique investment opportunity offers a cash-flowing, mixed-use retail and residential property. The property is 2,630 sqft of space on a generous a 2,500 sqft lot with 3-car parking in the back. The neighborhood includes numerous retail businesses, the fire department and is minutes to 580 and 880 on-ramps. Offered at a 4.56% cap rate with current NOI, and a 6.41% pro-forma NOI, this property has upside potential in both rents and expenses.
Cash-flowing, mixed-use retail and residential property
3-car parking in the back
Minutes to 580 and 880 on-ramps
4.56% cap rate with current NOI; 6.41% pro-forma NOI
New sewer lateral updated
Electrical wires and panels updated
Double-pane vinyl windows for insulation
Tankless water heaters
Sub-floor and flooring enhancements
New parking fence and side fence
Thriving retail deli business that has served the community for an impressive 35 years
Stellar customer reviews
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Getting around
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Location
- City Oakland, CA
- Neighborhood Elmhurst Park
- Zip Code 94603
- Market Bay Area
Points of Interest
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Oakland-Coliseum/Airport
1.54 miles
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Coliseum
1.54 miles
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San Leandro
1.73 miles
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Oakland International Airport
3.15 miles
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Fruitvale
3.54 miles
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Bay Fair
4.13 miles
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Lake Merritt
6.26 miles
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Castro Valley
6.42 miles
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Oakland-Jack London Square
6.43 miles
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Hayward
6.74 miles
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Arco
0.09 miles
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Arco
1.07 miles
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76
1.17 miles
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Shell
1.29 miles
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ARCO
1.32 miles
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Shell
1.33 miles
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Chevron
1.50 miles
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Unicol 76
1.53 miles
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Chevron
1.58 miles
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Chevron
1.61 miles
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Creative Energy Foods Employee Parking
0.50 miles
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Courtyard by Marriott parking
1.54 miles
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FastTrack Airport Parking
1.56 miles
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Oakland Coliseum & Oracle Arena Parking Lots (B, G, C, E)
1.62 miles
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Enterprise Rent-A-Car
1.68 miles
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Fly N Save Airport Parking
1.72 miles
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Airport Corporate Centre
1.76 miles
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Oakland Coliseum & Oracle Arena Parking Lots (A, F, D, H)
1.82 miles
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Park 'N Fly
1.92 miles
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UPS parking
1.98 miles
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McDonald's
0.05 miles
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KFC
0.11 miles
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Ramos Mexican Restaurant
0.39 miles
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Zacatecas
0.80 miles
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Happy Dogies
1.05 miles
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Sam's Super Burgers
1.10 miles
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El Sazón Oakland
1.11 miles
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Happy Donuts
1.17 miles
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Carls Junior
1.17 miles
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Aqua Fresh Fish and Chips
1.18 miles
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Super Mercado Mi Tierra
0.08 miles
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FoodMaxx
0.70 miles
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Fallas
1.12 miles
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Ross
1.13 miles
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Foods Co
1.27 miles
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Safeway
1.27 miles
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Gazzail's Supermarket
1.61 miles
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Eastmont Town Center
1.63 miles
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Safeway
1.72 miles
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Pelton Plaza
1.80 miles
In-Depth Research Available for this Property
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