S&T Group of Marcus & Millichap has been retained as exclusive advisor to sell the Harbor Bay Landing shopping center located at 867 Island Drive & 3255 Mecartney Road, Alameda, CA. This is a 9.84 acre re=positioning / re=development site located in one of the most active developments cities the core Bay Area.
In 2022 the property was re-zoned to add the Community Mixed-Use Combining District to the property, and is now zoned C-2-PDCMU, Central Business - Planned Development - Community Mixed Use Combining District. In its latest 2031 Housing Element, the City has identified the property as a Housing Opportunity Site.
ZONING: https://library.municode.com/ca/alameda/codes/code_of_ordinances?nodeId=CHXXXDERE_ARTIZODIRE_30-4DIUSRE_30-4.26COMIUSCODI
https://www.alamedaca.gov/files/assets/public/v/1/departments/alameda/building-planning-transportation/planning/ordinance-3333_1.pdf
CALL FOR OFFERS DATE: APRIL 30, 2025