$1,450,000
$1,550,000
6.5%For more information regarding the value of a property, please contact us for a free consultation.
Address not disclosed Oakland, CA 94610
1,992 SqFt
Key Details
Sold Price $1,450,000
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Sold
Purchase Type For Sale
Square Footage 1,992 sqft
Price per Sqft $727
Subdivision Piedmont Avenue
MLS Listing ID 40901636
Sold Date 11/17/20
HOA Y/N No
Year Built 1966
Lot Size 0.284 Acres
Acres 0.3
Property Description
Incredible opportunity! NNN leased investment with Corporate guarantee. Current lease has 4 years left, plus tenant has one 5 year option left on lease which has been in effect since 1999. 5.3 CAP rate on existing rents. Just blocks from Kaiser, this property is at the 580 West, Harrison St. off ramp. Owners may carry first loan with 40% down to strong Buyer. Annual Income is $83,320.
Location
State CA
County Alameda
Area Oakland Zip Code 94611
Zoning c
Interior
Flooring Concrete
Fireplace No
Exterior
Exterior Feature Paved Yard
Building
Lot Description Business District, Corner Lot
New Construction No
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Bought with AnneBruff