Park Boulevard, Oakland, California 94606
Listed By Compass
The Commercial Property for Sale located at Oakland, California 94606 is currently for sale. Oakland, California 94606 is listed for $3,090,000. If the property located at Oakland, California 94606 isn't what you're looking for, visit https://haussmannrealty.xomio.com to see other Commercial Properties for Sale in Oakland .
Date Updated : Apr 14, 2025
MLS#: 371999831
$3,090,000 USD
- Minimum sellable space
1,024 m² (11,022 ft²)
Property features
Construction details
- Year built: 1950
Other features
- Heating system: Forced Air
Area
- Property size:
1,024 m² (11,022 ft²) - Land/Lot size:
650 m² (7,000 ft²)
Description
Seize a rare 75% vacant opportunity for an exceptional investment & excellent frontage. Instant income generation w/a superb Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% Pro Forma cap. A multi-use building w/5 spacious commercial units (vacant) & 6 1BD/1BA residential apartments (3 vacant), in a desirable rental market; commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~3k SF; it's a fantastic opportunity for development or expansion; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Increasing Building Height is an option! Abundant Space: ~12,700 SF Total Lot, & Per Appraiser Total Building ~12,868 SF.
Location
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