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Listed by Corinne Ng Corterra Real Estate, Inc.
$ 2,900,000
Est. payment | /mo
$ 2,900,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 425086858
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
Mixed-use investment property offered with three APNs sold together: 26-770-15-1, 26-770-15-1, and 26-770-17-3. The property includes three commercial storefronts and four residential units. The Black and White Market business is included in the sale, along with the liquor license. The pharmacy is a stable commercial tenant with a lease in place. The former burger restaurant space is vacant and ready for a new operator or tenant. The residential units are all 3 bedroom and 2 bath. Current rents are $1550 month to month, $2200 with a lease through 3/31/2026, and $2400 month to month. The fourth residential unit will be delivered vacant. The pharmacy tenant pays $3565 per month with a lease through May 31, 2028. The property includes an ample parking lot, supporting commercial traffic and a separate residential parking lot for residence. This is a strong mixed-use income property with clear upside through leasing the vacant commercial space and adjusting residential rents to market levels. Ideal for an investor or owner-user seeking built-in revenue with growth potential.
Location
State CA
County Alameda
Area Oakland Zip 94601
Interior
Fireplace No
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Tax ID 26770151
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
