Log In/Sign Up
Your email has been sent.
1429-1433 High St 4,250 SF 100% Leased Retail Building Alameda, CA 94501 $2,119,005 CAD ($498.59 CAD/SF) 6.40% 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 |
$156,832
|
$36.90
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$156,832
|
$36.90
|
| Taxes |
$5,853
|
$1.38
|
| Operating Expenses |
$10,901
|
$2.57
|
| Total Expenses |
$16,754
|
$3.94
|
| Net Operating Income |
$140,079
|
$32.96
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $156,832 |
| Annual Per SF | $36.90 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $156,832 |
| Annual Per SF | $36.90 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,853 |
| Annual Per SF | $1.38 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,901 |
| Annual Per SF | $2.57 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,754 |
| Annual Per SF | $3.94 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $140,079 |
| Annual Per SF | $32.96 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,250 SF
Building Class
C
Year Built
1910
Price
$2,119,005 CAD
Price Per SF
$498.59 CAD
Cap Rate
6.40%
NOI
$135,511 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
- $35.19 CAD
- Modified Gross
- Mar 2027
- Joy Kids USA
- Services
- 2,100 SF
- $37.31 CAD
- Modified Gross
- Aug 2027
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cycle City | Retailer | 2,100 SF | $35.19 CAD | Modified Gross | Mar 2027 | |
| Joy Kids USA | Services | 2,100 SF | $37.31 CAD | Modified Gross | Aug 2027 |
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 069-0094-004-02 | Total Assessment | $2,363,034 CAD (2025) |
| Land Assessment | $801,999 CAD (2025) | Annual Taxes | $5,853 CAD ($1.38 CAD/SF) |
| Improvements Assessment | $1,561,035 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
069-0094-004-02
Land Assessment
$801,999 CAD (2025)
Improvements Assessment
$1,561,035 CAD (2025)
Total Assessment
$2,363,034 CAD (2025)
Annual Taxes
$5,853 CAD ($1.38 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.