1251 Park St - Restaurant FOR SALE


Alameda, CA 94501- South Shore
$1,250,000 USD
510-381-3434
1251 Park St, Alameda, CA for Sale
$1,250,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

1251 Park St
Alameda, CA 94501
South Shore


HIGHLIGHTS

  • Heavy Vehicle Traffic
  • Off Street Parking
  • Development Opportunity

OVERVIEW

Great opportunity to own this well located vacant property for immediate renovation or completely development. 1251 Park Street is the former sandwich shop with a rear residential unit approximately 1,217 sf. 1249 Park Street includes the off street parking. The current owner has approved plans for a two story mixed use building with retail on the ground floor and 2 residential units above. The new building is slated to be 1,633 sf with full off street parking. This property is two separate parcels. 1249 Park Street is the parking lot and 1251 Park Street encompasses the building. The property is located in the heart of the Historic Park Street Business District. Home to restaurants, retail stores, service businesses and the historic Alameda Theater.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$1,427 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,976 SF

ZONING

C-C-T

APN/PARCEL ID

071-0206-007-00,071-0206-008-00

ASK ABOUT THIS PROPERTY

Richard KrinksBerkshire Hathaway Drysdale PropertiesMore Info
510-381-3434

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Richard KrinksBerkshire Hathaway Drysdale PropertiesMore Info
510-381-3434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.