1650 Mountain Blvd - Specialty FOR SALE


Oakland, CA 94611- Northeast Oakland Hills
$3,900,000 USD
925-817-9055
1650 Mountain Blvd, Oakland, CA for Sale
$3,900,000 USD
Specialty - FOR SALE
1/27
null | 5.05% Cap Rate

1650 Mountain Blvd
Oakland, CA 94611
Northeast Oakland Hills


HIGHLIGHTS

  • Situated in the prestigious Montclair/Piedmont area, a premier suburban enclave known for its strong community and high quality of life.
  • The Piedmont/Montclair submarket presents a high barrier to entry for educational uses, supporting consistently strong enrollment levels.
  • Surrounded by excellent residential demographics, including high household incomes and a well educated population base.
  • Strong accessibility: Direct access to Highway, 13, 24 and I-580

OVERVIEW

1650 Mountain Blvd is a unique, character-rich commercial property located in the highly desirable Montclair district near Piedmont. Originally constructed in 1926, the property historically operated as an upscale banquet facility and has since been thoughtfully converted into a highly profitable preschool. The site features approximately 4,800± square feet of building area situated on a 0.54-acre (24,000± SF) lot, with extensive improvements and a campus-like setting surrounded by mature landscaping. Secure and well-maintained, the property has been tastefully updated to enhance a nurturing learning environment while prioritizing student safety.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$813 USD /SF

CAP RATE

5.05%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,435 SF

ZONING

C20, Oakland

APN/PARCEL ID

048F-7399-014-00

ASK ABOUT THIS PROPERTY

John SalamidaColliersMore Info
925-817-9055

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John SalamidaColliersMore Info
925-817-9055

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