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 a 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

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

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

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