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    1511-1515 Park St Alameda, CA 94501

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    For Sale
    $1,395,000

    Mixed-use building featuring a renovated retail unit and residential space.

    Property size:
    3,228 SF
    Lot size:
    0.09 Acres

    Property Features for 1511-1515 Park St

    General Information

    Size
    3,228 SF
    Lot size
    0.09 Acres

    Source: Lee & Associates - West L.A. Agent Michael Ma

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building with Retail

    This mixed-use building features a retail unit that was renovated in 2023 and a residential unit. The retail unit formerly operated as a wine bar. The residential unit is a bright and spacious 3-bedroom, 1-bathroom apartment with an updated kitchen. The property has a total size of 3228 square feet.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.2417286
    Latitude
    37.7657405

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building featuring a renovated retail unit and residential space.
    Where is this mixed-use property located?
    The property is located at 1511-1515 Park St Alameda, CA.
    What is the asking price?
    The asking price for this property is $1,395,000.
    What are key features of this property?
    This property features: - Renovated retail unit (former wine bar) - ideal for immediate business use or lease.; - Spacious 3BR/1BA residential unit.; - Updated kitchen in residential unit.
    (310) 899-2732
    Request Owner's contact information
    1511-1515 Park St 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
    1511-1515 Park St Alameda, CA 94501
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