1429-1433 High St - Freestanding FOR SALE


Alameda, CA 94501- Downtown Alameda
$1,650,000 USD
510-851-2644
1429-1433 High St, Alameda, CA for Sale
$1,650,000 USD
Freestanding - FOR SALE
1/16
null | 6.01% Cap Rate

1429-1433 High St
Alameda, CA 94501
Downtown Alameda


HIGHLIGHTS

  • Prime Location
  • Classic architecture
  • Possible owner occupant opportunity.

OVERVIEW

An historic building (though not on Alameda City Historical Buildings Lists) in fantastic 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 with a solid tenant base, with possibility of negotiating middle space (1431) for owner occupant Buyer must independently verify any and all potential requirements and/or restrictions, as part of their own due diligence. The modified gross leases help to minimize the expenses of maintenance, utilities and taxes!

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$388 USD /SF

CAP RATE

6.01%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,408 SF

ZONING

C4

APN/PARCEL ID

069-0094-004-02

ASK ABOUT THIS PROPERTY

Gregg McGlinnCerda-Zein Real EstateMore Info
510-851-2644

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Gregg McGlinnCerda-Zein Real EstateMore Info
510-851-2644

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