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    1249-1251 Park St Alameda, CA 94501

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    For Sale
    $1,500,000

    Mixed-use property with retail and residential units in Alameda, CA.

    Lot size:
    0.11 Acres

    Property Features for 1249-1251 Park St

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1913

    Source: Giant Realty Inc. Agent Hsin-Chieh Chou

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

    Overview

    Mixed-Use Property in Alameda Shopping District

    This mixed-use property presents an opportunity for contractors, builders, owner-occupiers, or investors. A resolution from the Planning Board of the City of Alameda has approved a design review application for the construction of a new 3,316 square foot two-story building on a 4,965 square foot lot. The building is planned to include one retail unit on the first floor and two residential units on the second floor. The first floor will encompass 1,571 square feet, while the second floor will offer 1,677 square feet. The property, formerly Dimitras Sandwiches To Go, is zoned C-C-T (Community Commercial and Theater Combining Zoning District). This rare property features a large private parking lot on Park Street and is located in the heart of Alameda's shopping district. It offers excellent access to I-880 and State Route 61 and is situated within one mile of the South Shore Center and beach, and one block from Chochenyo Park. This unique opportunity offers lots of possibilities.
    Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -122.2447402
    Latitude
    37.7621565

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with retail and residential units in Alameda, CA.
    Where is this mixed-use property located?
    The property is located at 1249-1251 Park St Alameda, CA.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: - Approved plans for a new **3,316 sq. ft. mixed-use building** with one retail unit and two residential units.; - Rare property with a **large private parking lot** in the Park St. area.; - Located in the heart of Alameda's shopping district.
    (408) 518-9677
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    1249-1251 Park 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
    1249-1251 Park St Alameda, CA 94501
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