601 99 E 14th Street, San Leandro, CA, CA 94577
- $8,500,000
- List Price
- $8,500,000
- Status
- ACTIVE
- MLS#
- 41142325
- County
- Alameda
- Zoning
- Commercial
- Year Built
- 1940
- Lot Size (acres)
- 0.88
- Days on Market
- 8
- Property Type
- Commercial
Property Description
601-699 East 14th Street represents a rare opportunity to acquire six contiguous commercial parcels along one of San Leandro's most established retail and office corridors. The offering totals approximately 26.150 square feet of rental building area on a combined footprint of roughly .90 acres with a blended list price of $8,500,000. The portfolio combines in-place income from a mix of long-standing retail and office tenants with meaningful near term upside: a couple suites are currently vacant or on month to month terms, giving a buyer the ability to reposition, re-lease at market, or pursue redevelopment under the parcel's downtown zoning while remaining leases continue to produce cash flow.
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Additional Information
- Taxes
- $20,476
- Parcel Number
- 751761
- Operating Expense
- 60076
- Net Operating Income
- $260,216
- Cooling
- Yes
- Exterior Construction
- Brick, Block, Concrete, Stucco, Wood Siding
- Roof
- Tar/Gravel
- Parking Spaces
- 50
Listing courtesy of Listing Agent: Raelene Sprague (raelene@notableteam.com) from Listing Office: Notable Real Estate.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.