2710 Park Boulevard, Oakland, CA 94606
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Listed Price :
$555,000
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Beds :
N/A
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Baths :
-
Property Size :
N/A sqft
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Year Built :
1930
Property Description
Looking for a lucrative investment property in the vibrant city of Oakland? Look no further! Month-to-Month Tenant & Excellent Frontage. This exceptional standalone building is currently leased to Mayflower Spa Body & Foot Massage, and has options for extending the current business or perfect for an owner-user space w/excellent signage visibility on a major arterial. An ideal addition to your investment portfolio at a 6.25% - 8% Pro Forma Cap. Build, owner-occupy, or expand! Situated Ivy Hill, this property enjoys excellent visibility & accessibility, ensuring a steady stream of customers for the tenant. Steady Income: Mayflower Massage has a well-established client base and a history of consistent rental payments, offering you a reliable source of income from day one. Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years.This investment could prove to be even more lucrative in the future.
Interior Features
Bedroom Information |
Bedrooms |
N/A |
Interior Information |
Cooling Type |
None |
Listing Information
Address |
2710 Park Boulevard |
City |
Oakland |
State |
CA |
Zip |
94606 |
County |
Alameda |
Listing Agent |
Carol Reen DRE #01820082 |
Courtesy Of |
Compass |
List Price |
$555,000 |
Status |
Active |
Type |
Commercial |
Structure Size |
N/A |
Lot Size |
2,680 |
Year Built |
1930 |
Listing information courtesy of: Carol Reen, Compass. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 4th, 2024 at 11:44 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.