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1102 Lincoln Avenue, Alameda, CA

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1102 Lincoln Avenue

Alameda, CA 94501-2324 - Alameda Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1955
Building Size:9,782 SF Land Area:.14 AC (6,251 SF)
For Sale Price:$1,875,000 Price/SF:$191.68
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of .2/1,000 SF



Sale Notes:
1102 Lincoln is a mixed use property with a 8,844 sf retail unit consisting of 5,900 sf on the ground floor and 2,944 sf on the second floor, plus 2 residential units above the retail. The residential units are both 2 bedroom 1 bath units and are month-to-month. 1102 1/2 Lincoln pays $1,200/month rent w utilities included. 1104A Lincoln pays $1,300/month plus utilities. Neither tenant has a written lease agreement. 1100 and 1102 Lincoln Avenue were combined as a locally owned hardware store (Pagano' s Hardware Mart) for many years. In 2015 Pagano' s moved to another part of Alameda. At that time the owners decided to divide 1100 and 1102 into two properties since they were on two lots anyway. 1102 was repainted and ADA restrooms added. A large 2nd floor with an ADA restroom is located in the rear of the space and also leads to the rear of the residential units and to the street. 1102 Lincoln Avenue can be sold with 1100 Lincoln Avenue. Contact the Agent for more info.

Great location in Central Alameda on a very busy four lane street. This location is in one of the Neighborhood Business Districts that are throughout Alameda. In the early days of the city these locations were pick up and drop off points for the light rail system that covered most all of Alameda. The various stops had small commercial stores and restaurants designed to provide service for the travelers and the local neighborhood.


Berkshire Hathaway Drysdale Properties
Richard Krinks
(510) 814-4802




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