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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Jake Anthony • MJA Equity Investments, Inc. • 650-241-2100

$15,000,000

Est. payment - /mo

69,138 SqFt

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UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 69,138 sqft

Price per Sqft $216

MLS Listing ID ML82061252

HOA Y/N No

Year Built 1926

Lot Size 1.680 Acres

Property Sub-Type Other

Source Datashare MLSListings

Property Description

Rare opportunity to acquire a landmark mixed-use asset in the heart of downtown Alameda. The historic 1926 Spanish Colonial Revival building offers 93 residential units and 17 retail spaces across 110 total units, with 96.4% physical occupancy. The property has not traded in over 30 years. The residential mix spans studios, one-bedrooms, and private- and shared-bath rooms with significant rent roll upside as legacy in-place rents roll to market on turnover. Studios currently range from $542 to $1,742/month, one-bedrooms from $1,055 to $2,100, reflecting the spread between long-tenured residents and recent market-rate leases. Alameda's Annual General Adjustment is set at 2.7% for 2026-27, providing predictable annual increases on controlled tenancies. The building features a historic ballroom and event venue a largely untapped revenue opportunity with potential for events, co-working, or food and beverage activation. Ground-floor retail along Broadway adds diversified income from 17 commercial spaces. Zoned CCT (Community Commercial Theater District), the property sits on Alameda's primary commercial corridor with immediate access to the Fruitvale BART station and the Bay Bridge.

Location

State CA

County Alameda

Interior

Fireplace No

Laundry Coin Operated

Building

Water Public

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© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.

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Sean Beattie Jr.

+1(415) 845-8732

Agent CA DRE# 01944311

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2544 Santa Clara Avenue Alameda, CA 94501

Sean Beattie Jr.

Key Details

Location

Interior

Building

Nearby School & Business

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