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Cheri Cerna

Oakland CA Real Estate & Commercial for Sale

3 Properties Found

The median home value in Oakland, CA is $842,500. This is lower than the county median home value of $989,500. The national median home value is $308,980. The average price of homes sold in Oakland, CA is $842,500. Approximately 39% of Oakland homes are owned, compared to 53% rented, while 8% are vacant. Oakland real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Oakland real estate agent to arrange a tour today!
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Beds:
n/a
Baths:
Sq.Ft.:
704
Status:
Active
MLS#:
ML81956541
Type:
Business Opportunities
Lot size:
0.02 Acres
Year built:
1910
A broker reciprocity listing Courtesy: Joseph Zahriya - Compass Joseph Zahriya
View additional info
Beds:
n/a
Baths:
Sq.Ft.:
11,022
Status:
Active
MLS#:
ML81944037
Type:
Business Opportunities
Lot size:
0.16 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Carol Reen - Compass Carol Reen
View additional info

Seize a rare 75% vacant opportunity for an exceptional investment & excellent frontage. Instant income generation w/a superb Retail Building currently leased to Mayflower Spa; has options for extending or for an owner-user space w/great signage visibility; an ideal addition to your portfolio at a 6.25% - 8% Pro Forma cap. A multi-use building w/5 spacious commercial units (vacant) & 6 1BD/1BA residential apartments (3 vacant), in a desirable rental market; commercial spaces offer income potential for a variety of businesses; total interior is ~9,700 SF, ensuring ample room. The adjacent vacant land lot is poised to deliver substantial returns at ~3k SF; it's a fantastic opportunity for development or expansion; previously used as parking for adjacent commercial buildings. The property benefits from flexible zoning regulations, opening up multiple investment avenues. Increasing Building Height is an option! Abundant Space: ~12,700 SF Total Lot, & Per Appraiser Total Building ~12,868 SF.

Beds:
n/a
Baths:
Sq.Ft.:
1,925
Status:
Active
MLS#:
ML81944019
Type:
Business Opportunities
Lot size:
0.06 Acres
Year built:
1930
A broker reciprocity listing Courtesy: Carol Reen - Compass Carol Reen
View additional info

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.

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The information being provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Broker Listing Exchange (BLE) program of MLSListings Inc. 2023. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the MLSListings MLS as of 4/29/2024 (updated every 15 minutes). 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.

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