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Listed by Melynda Yun Li • Garth Realty
$ 1,380,000
Est. payment /mo
Active
1707 Lincoln Ave Alameda, CA 94501
4,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $300
MLS Listing ID 41095418
HOA Y/N No
Year Built 1900
Lot Size 4,560 Sqft
Property Sub-Type Other
Source BAY EAST
Property Description
Seller's Cap Rate 7.5% by May 2025. This unique 3-unit mixed use property is located in the heart of City of Alameda w/ an excellent walkability and exuberant vibes. Steps to Grand Street where is a showpiece of elegant architectural styles. The property is a true gem in between the choicest and prettiest residence district and the vibrant commercial district. Professionally managed/ tenant fully occupied building with a rental income at $124,285/ year. Unit 1707: SAGA Kitchen, 2,460 sqft. Unit 1707B: Residential 3bd, 2bathrooms, 1,397 sqft. Unit 1709: SAGA Kitchen, 743 sqft. All units are in great conditions. All tenants pay their utilities. Ample storage areas in Attic and Basement. Private 2-car Driveway Parking. Great and happy Tenants! Offers due by 5:00 PM on June 30, Monday.
Location
State CA
County Alameda
Interior
Heating Zoned
Cooling Ceiling Fan(s)
Flooring Hardwood, Laminate
Fireplace No
Appliance Dryer, Washer
Building
Lot Description Level
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