Log In/Sign Up
Your email has been sent.
1429-1433 High St 4,250 SF 100% Leased Retail Building Alameda, CA 94501 $2,219,840 CAD ($522.32 CAD/SF) 6.20% Cap Rate
INVESTMENT HIGHLIGHTS
- Prime Location
- Possible owner occupant opportunity.
- Classic architecture
EXECUTIVE SUMMARY
An historic building (though not on Alameda City Historical Buildings Lists) in a fantastic location across from Lincoln Park, on main bus line, and close to amenities like Encinal Market.
Property may be purchased for a reliable income stream with a solid tenant base, with possibility of negotiating middle space (1431 High St) for owner occupant. Buyer must independently verify any and all potential requirements and/or restrictions, as part of their own due diligence.
The modified gross leases help to minimize the expenses of maintenance, utilities and taxes!
Property may be purchased for a reliable income stream with a solid tenant base, with possibility of negotiating middle space (1431 High St) for owner occupant. Buyer must independently verify any and all potential requirements and/or restrictions, as part of their own due diligence.
The modified gross leases help to minimize the expenses of maintenance, utilities and taxes!
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$154,527
|
$36.36
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$154,527
|
$36.36
|
| Taxes |
$5,939
|
$1.40
|
| Operating Expenses |
$11,063
|
$2.60
|
| Total Expenses |
$17,003
|
$4.00
|
| Net Operating Income |
$137,525
|
$32.36
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $154,527 |
| Annual Per SF | $36.36 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $154,527 |
| Annual Per SF | $36.36 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,939 |
| Annual Per SF | $1.40 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $11,063 |
| Annual Per SF | $2.60 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,003 |
| Annual Per SF | $4.00 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $137,525 |
| Annual Per SF | $32.36 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,250 SF
Building Class
C
Year Built
1910
Price
$2,219,840 CAD
Price Per SF
$522.32 CAD
Cap Rate
6.20%
NOI
$137,523 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.66
Lot Size
0.15 AC
Zoning
C4 - Commercial mixed use
Parking
5 Spaces (1.31 Spaces per 1,000 SF Leased)
Frontage
163’ on High St /Santa Clara
AMENITIES
- Mezzanine
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cycle City
- Retailer
- 2,100 SF
- $35.71 CAD
- Modified Gross
- Mar 2027
- Joy Kids USA
- Services
- 2,100 SF
- $37.86 CAD
- Modified Gross
- Aug 2027
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Cycle City | Retailer | 2,100 SF | $35.71 CAD | Modified Gross | Mar 2027 | |
| Joy Kids USA | Services | 2,100 SF | $37.86 CAD | Modified Gross | Aug 2027 |
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (87)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 069-0094-004-02 | Total Assessment | $2,383,582 CAD (2025) |
| Land Assessment | $808,973 CAD (2025) | Annual Taxes | $5,939 CAD ($1.40 CAD/SF) |
| Improvements Assessment | $1,574,609 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
069-0094-004-02
Land Assessment
$808,973 CAD (2025)
Improvements Assessment
$1,574,609 CAD (2025)
Total Assessment
$2,383,582 CAD (2025)
Annual Taxes
$5,939 CAD ($1.40 CAD/SF)
Tax Year
2024
1 of 17
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
1429-1433 High St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.