$555,000
2710 Park Boulevard Oakland, CA 94606
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Listed by Carol Reen • Compass
$555,000
Est. payment /mo
1,925 SqFt
UPDATED:
09/26/2024 11:39 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Pending
Purchase Type For Sale
Square Footage 1,925 sqft
Price per Sqft $288
MLS Listing ID ML81944019
HOA Y/N No
Originating Board Datashare MLSListings
Year Built 1930
Lot Size 2,680 Sqft
Property Description
Looking for a lucrative investment property in the vibrant city of Oakland? Look no further! Month-to-Month Tenant & Excellent Frontage. This exceptional standalone building is currently leased to Mayflower Spa Body & Foot Massage, and has options for extending the current business or perfect for an owner-user space w/excellent signage visibility on a major arterial. An ideal addition to your investment portfolio at a 6.25% - 8% Pro Forma Cap. Build, owner-occupy, or expand! Situated Ivy Hill, this property enjoys excellent visibility & accessibility, ensuring a steady stream of customers for the tenant. Steady Income: Mayflower Massage has a well-established client base and a history of consistent rental payments, offering you a reliable source of income from day one. Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years.This investment could prove to be even more lucrative in the future.
Location
State CA
County Alameda
Interior
Heating Forced Air
Fireplace No
Exterior
Handicap Access Customized Wheelchair Accessible
Parking Type None
Building
Water Public
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