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2712-2726 Park Blvd. 2712-2726 Park 10,943 SF 100% Leased Flex Building Oakland, CA 94606 $3,838,780 CAD ($350.80 CAD/SF) 7.25% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Urban Revival: The Ivy Hill neighborhood of Oakland is known for its charm, diversity, and accessibility.
  • Diverse Income Streams: With a mix of residential and commercial units helps protect your investment during economic fluctuations.
  • Adjacent vacant land lot is poised to deliver substantial returns at ~ 3,000 SF. Aantastic opportunity for development or expansion.
  • Location: Strategically situated, offering easy access to local amenities, public transportation, and major highways.
  • Multi-Faceted Property: Multi-use building with 5 vacant spacious commercial units within the building & 6 1BD / 1BA apartments.

EXECUTIVE SUMMARY

Seller says get it sold! Fantastic opportunity with amazing Commercial properties ready to go and ready for build out. Seize this rare 75% vacant opportunity with adjacent vacant lot and excellent frontage for an exceptional investment in the heart of vibrant Ivy Hill.
Investment Highlights:
- Multi-Faceted Property: A multi-use building with 5 vacant spacious commercial units within the building & 6 well-appointed 1BD/1BA residential apartments in a highly desirable rental market (3 vacant). The frontage & commercial spaces offer excellent income potential and are perfect for a variety of businesses, from retail shops to professional offices. The total interior space of the building measures approximately 9,700 SF, ensuring ample room for both residential & commercial purposes.
- Adjacent Vacant Land Lot: Poised to deliver substantial returns at ~3,000 SF. Presents a fantastic opportunity for development or expansion, adding more value. Previously used as a parking lot to the adjacent commercial buildings. Can be sold with the Commercial Building that increases the Floor-Area-Ratio for development.
- Versatile Zoning: Property benefits from flexible zoning regulations, opening doors to multiple investment avenues, including residential, commercial, or a combination. Increasing Building Height is an option!
- Abundant Space: ~10,000 SF Total Lot and per Appraiser Total Building ~10,943 SF.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $3,838,780 CAD
Price Per SF $350.80 CAD
Sale Type Investment
Cap Rate 7.25%
Property Type
Flex
  • General Retail Storefront
  • Office Office Residential
Building Class C
Lot Size 0.23 AC
Rentable Building Area 10,943 SF
No. Stories 2
Year Built 1950
Cross Streets Spruce
Zoning RU-5 - Urban Residential

AMENITIES

  • Bus Line
  • Fenced Lot
  • Signage
Walk Score®
Very Walkable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
022-0339-014-00
Land Assessment
$73,122 CAD (2025)
Improvements Assessment
$2,685 CAD (2025)
Total Assessment
$75,807 CAD (2025)
  • Listing ID: 29698251

  • Date on Market: 2023-10-03

  • Last Updated:

  • Address: 2712-2726 Park, Oakland, CA 94606

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