Opportunity Beckons! An historic building (though not on Alameda City Historical Buildings Lists) in great location across from Lincoln Park, on main bus line, and close to amenities like Encinal Market. Property may be purchased for a reliable income stream (asking is 19.7 GRM), or for development potential; Allowable height limit of 45ft, no additional parking requirement as located on major bus line. Buyer must independently verify any and all potential agency requirements and/or restrictions, as part of their own due diligence.
Corner Lot, Neighborhood, Residential Area, See Remarks
CITY
Alameda
COUNTY
Alameda
AREA
Listing
STATE
CA
LATEST UPDATE
2024-05-06T18:43:21.214Z
PRICE CHANGE(S)
$2,100,000 Apr 22, 2024
Property Details
Property TypeCommercial Sale
StatusActive
Property Sub TypeRetail
Square Feet4,250
MLS #41056928
Year Built1910
RoofComposition
Parking FeaturesAssigned
Lot FeaturesCorner Lot, Neighborhood, Residential Area, See Remarks
CITYAlameda
COUNTYAlameda
AREAListing
STATECA
LATEST UPDATE2024-05-06T18:43:21.214Z
PRICE CHANGE(S)
$2,100,000 Apr 22, 2024
Market Trends
New Properties On Market
31
343%
Increase In New Listings
Average Asking Price
$1,219,550
$100,164 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$561
$129 Increase In List Price/Sq. Ft.
Data as of May 17, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
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The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
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Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.