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$1,920,000
Est. payment /mo
10,454 Sqft Lot
UPDATED:
12/05/2024 03:38 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41064769
HOA Y/N No
Year Built 1900
Annual Tax Amount $33,248
Lot Size 10,454 Sqft
Property Description
Prime Investment Opportunity! This stunning Mixed-Use Property on two parcels boasts a thriving Fitness Center on the first floor and mezzanine level, offering a secure income stream with a long-term lease until May 31, 2027, plus a 5-year lease extension option. The first level offers very large sidewalk side windows with high ceilings and wood floors. It also includes an ADA rest room and a shower. With spacious residential units on the second floor, including a mix of 2-bedroom/2-bath, 2-bedroom/1-bath, and 1-bedroom/1-bath layouts, this property offers diverse rental income potential. The units are in very good condition and have been renovated over the years. The first floor offers the residential tenants a co-op washer and dryer. Don't miss the chance to invest in this property's expansive basement and convenient rear parking spaces accessed from Oak Street. The location is something that makes this property very special. It is near City Hall, the city parking structure, the historic Alameda Theater, along with many restaurants and retail spaces.
Location
State CA
County Alameda
Zoning Comm
Interior
Fireplace No
Exterior
Utilities Available Natural Gas Available, Water Available
Total Parking Spaces 6
Others
Tax ID 7120223
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Listed by Rich Krinks • BHHS Drysdale Properties
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908