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Listed by Ann M Lee • HomeSmart PV & Associates
$975,000
Est. payment /mo
6,352 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lowrise (1-3 Flrs)
Listing Status Active
Purchase Type For Sale
Square Footage 6,352 sqft
Price per Sqft $153
Subdivision Alameda County
MLS Listing ID 41146011
HOA Y/N No
Year Built 1948
Lot Size 5,294 Sqft
Property Sub-Type Lowrise (1-3 Flrs)
Source BAY EAST
Property Description
Unique Investment Opportunity: Commercial Property with Retail and Residential Mixed-Use Discover a rare chance to own a versatile commercial property featuring two retail storefronts combined with residential mixed-use. This property includes four studio apartments occupied by exceptionally long-term tenants, providing stable rental income, alongside a convenience store serving the community. Additionally, there is a large vacant retail space, formerly occupied by a nail salon, offering tremendous potential for an owner-occupied retail or service business. With endless possibilities for customization and growth, this property is ideal for investors or entrepreneurs seeking a multifaceted investment. The current seller has owned this property for 34 years and acknowledges room for improvement, including opportunities related to the Below Market Rate (BMR) units. Motivated to sell due to the recent loss of a spouse and plans to retire, the seller welcomes serious inquiries. Don't miss this exceptional opportunity to acquire a well-positioned, income-generating property with significant potential.
Location
State CA
County Alameda
Interior
Heating Other
Cooling Evaporative Cooling
Flooring Concrete
Fireplace No
Building
Lot Description Rectangular Lot
Water Public
Others
Special Listing Condition Standard
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