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$975,000
Est. payment /mo
5,292 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Alameda County
MLS Listing ID 41146011
HOA Y/N No
Year Built 1948
Lot Size 5,292 Sqft
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
Zoning mixed use
Interior
Heating See Remarks
Fireplace No
Others
Tax ID 393310322
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Listed by Ann M Lee HomeSmart PV & Associates #01475485
NEARBY SCHOOL & BUSINESS
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