2710 Park BLVD

Oakland,CA 94606

$ 555000

- Bed

0 Bath

1925 SqFt


Key Details

Property Type Commercial

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 1,925 sqft

Price per Sqft $288

MLS Listing ID ML81944019

Year Built 1930

Annual Tax Amount $3,765

Lot Size 2,678 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

Area 699 - Not Defined

Zoning RU-5

Interior

Heating Forced Air

Cooling None

Exterior

Roof Type Flat,Other

Building

Story 1

Water Public

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