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    1429 High St Alameda, CA 94501

    For Sale
    $1,850,000

    Historic building, prime location, income potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, situated at 1429 High Street in Alameda, California, presents a compelling investment opportunity. Spanning 0.15 acres, the building boasts a highly desirable location directly across from Lincoln Park, ensuring excellent visibility and accessibility. Its position on a major bus line eliminates the need for additional parking, a significant advantage in today's market. The property is currently generating a reliable income stream thanks to a long-term tenant base, making it an attractive option for investors seeking stable returns. However, the property also offers significant development potential. With an allowable height limit of 45 feet, the site presents possibilities for expansion or redevelopment, subject to all applicable city regulations and approvals. The building itself is historic, although not officially listed on Alameda's historical buildings register. Its proximity to local amenities, such as the Encinal Market, further enhances its appeal. Prospective buyers are strongly encouraged to conduct their own due diligence to verify all potential agency requirements and restrictions before making an offer. This includes, but is not limited to, confirming zoning regulations, building codes, and any other relevant factors impacting the property's use and development potential. The asking price for this unique property is $1,850,000.

    Property Features for 1429 High St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1910
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kids Elite Elementary School kids Elite Club Children'S Camp

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.2313
    Latitude
    37.75901

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, prime location, income potential.
    Where is this commercial real estate located?
    The property is located at 1429 High St Alameda, CA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    (510) 522-8074
    Request Owner's contact information
    1429 High St Alameda, CA 94501
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    Alameda, CA 94501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1429 High St Alameda, CA 94501
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