1449-1453 Fruitvale Ave 1,860 SF 100% Leased Retail Building Oakland, CA 94601 $675,000 ($362.90/SF)
INVESTMENT HIGHLIGHTS
- Located in the vibrant and heavy foot traffic area of the Fruitvale District
- This exceptional standalone building is currently leased to Los Cocos Restaurant and Rochas Jewelry
- Consists of 2 commercial spaces and 2 car parking spaces at the back of the lot.
- Fruitvale Ave frontage!
EXECUTIVE SUMMARY
1449-1453 Fruitvale Ave Oakland CA 94601
Located in the vibrant and heavy foot traffic area of the Fruitvale District, this free-standing commercial property intersecting International Blvd. consists of 2 commercial spaces and 2 car parking spaces at the back of the lot.
Month-to-Month Tenants and Excellent Frontage. This exceptional standalone building is currently leased to Los Cocos Restaurant and Rochas Jewelry. It is perfect for an owner-user space with excellent signage visibility from the street. An ideal addition to your investment portfolio – invest, build, owner-occupy, or expand.
Investment Highlights:
Prime Location: Situated in the core intersection of the Fruitvale neighborhood, this property enjoys excellent visibility and accessibility, ensuring a steady stream of customers for the tenant.
Steady Income: Both Los Cocos Restaurant and Rochas Jewelry have a well-established client base and a history of consistent business, offering you a reliable source of income.
Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years. This investment could prove to be even more lucrative in the future whether as an investment, development, owner occupy and expand your business.
Located in the vibrant and heavy foot traffic area of the Fruitvale District, this free-standing commercial property intersecting International Blvd. consists of 2 commercial spaces and 2 car parking spaces at the back of the lot.
Month-to-Month Tenants and Excellent Frontage. This exceptional standalone building is currently leased to Los Cocos Restaurant and Rochas Jewelry. It is perfect for an owner-user space with excellent signage visibility from the street. An ideal addition to your investment portfolio – invest, build, owner-occupy, or expand.
Investment Highlights:
Prime Location: Situated in the core intersection of the Fruitvale neighborhood, this property enjoys excellent visibility and accessibility, ensuring a steady stream of customers for the tenant.
Steady Income: Both Los Cocos Restaurant and Rochas Jewelry have a well-established client base and a history of consistent business, offering you a reliable source of income.
Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years. This investment could prove to be even more lucrative in the future whether as an investment, development, owner occupy and expand your business.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront
Building Size
1,860 SF
Building Class
C
Year Built
1938
Price
$675,000
Price Per SF
$362.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.45
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
C
Parking
2 Spaces (1.22 Spaces per 1,000 SF Leased)
Frontage
50’ on Fruitvale Ave
AMENITIES
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Walker's Paradise (96)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 025-0718-004-02 | Improvements Assessment | $256,007 |
| Land Assessment | $341,343 | Total Assessment | $597,350 |
