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1825 Park St 4,637 SF Retail Building Alameda, CA 94501 $4,768,019 CAD ($1,028.26 CAD/SF)
Investment Highlights
- Huge Traffic Corner
- Close to Freeway System
- Zoning Allows Residential
- Park Street Business District
- Large Buildable Lot
Executive Summary
Former Toyota dealership property. Currently has two tenants with month-to-month tenancies. One tenant is a scooter sales shop and the other tenant is a tow company using their space for vehicle storage. Was slated for a new hotel with city approvals. Could support a redevelopment plan with retail on the ground floor and residential above to 60 feet in height. Located on one of the busiest traffic signal intersections on the island. This area has been labeled the "Gateway" to the City of Alameda. Contact Broker for rents.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,637 SF
Building Class
C
Year Built
1950
Price
$4,768,019 CAD
Price Per SF
$1,028.26 CAD
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.75 AC
Zoning
Gateway - Redevelopment area with a mix of commercial workplace, retail, and compatible residential uses.
Parking
10 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
143’ on Park St
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
60/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 071-0198-009-02 | Improvements Assessment | $981,742 CAD |
| Land Assessment | $1,126,589 CAD | Total Assessment | $2,108,330 CAD |
Property Taxes
Parcel Number
071-0198-009-02
Land Assessment
$1,126,589 CAD
Improvements Assessment
$981,742 CAD
Total Assessment
$2,108,330 CAD
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1825 Park St
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