Courtesy: David Howarth - The Pinza Group, Inc
David Howarth
Qualified Opportunity Zone. Cash cow mixed-use investment offering 6,444 square feet of rental space with a market cap rate of 9.55% located in a busy commercial district with excellent car and foot traffic. The property is split into three levels with many repositioning options. The lower level offers a large open space along with a 2bd apartment. The middle level and upper level offer numerous units along with an office space thats open to the lower level. The property is easy to manage with little to no maintenance resulting in low annual operating expenses. This is a perfect opportunity for an owner-user who wants a blank canvas to customize or an investor looking to reposition the property with high market rents.
Courtesy: Yang Cao - JOIN RE GROUP INC.
Yang Cao
3001 38th Ave and 3768 Penniman Ave 2 parcels #32-2030-109 and #33-2030-110 sell together. 3001-3017 38th Ave has 6 units, 5948 Sq,ft building, 4471 sq.ft lot, rent $7182 per month. The back 3768 Penniman Ave is 5060 sq.ft lot, possible to build another 4 units, please verify that with city. The front building tenants park in the back lot with automatic sliding fence gate. 5 separate water meters, 7 gas maters and electricity meters. Owner only pay upstairs 2 residential units garbage. 3001 commercial, rent $1500, 3005 Commercial $950, 3015 commercial $950, 3017 commercial $950, upstairs 2 residential units , 3007 is 2 bed 1 bath $1596.50, 3011 is 2bed 2 bath $1236, total $86,184.00 per year. Possible seller finance.
PRIME LOCATION with lots of foot and car traffic! Built in 2005, ground levels commercial real estate for sale. Newly remodeled with hardwood floor throughout. Currently use as a salon with 4 stations, reception area with a spacious bathroom including a break area. Great space for your business to thrive, come see it today!
Courtesy: Jane E. Brown - Optimum Realty
Jane E. Brown
Park Chapel is a historic two story structure with a spacious Sanctuary seating for 850. The structure has offices, classrooms, a conference room and an elevator for ADA access to both floors. The lower level has a large fellowship hall with kitchen. There are restrooms in the lobby, fellowship hall and behind the pulpit of the church, all may not be ADA complaint. This is an As-is-sale with some deferred maintenance. The church is in Oakland Pill Hill Neighborhood where there is a demand for medical office space or other development possibilities. The property is approximately 0.7 miles away from MacArthur Bart Station and is conveniently located near I-580 and HWY 24.
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