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Two-Story Mixed-Use Building
For Sale
$1,500,000

1251 Park Street, Alameda, CA 94501

Approved plans provide one ground-floor retail space and two residential units above, with public utilities and private parking.

Property Size3,316 SF
Lot Size0.11 Acres
Price / SF$954.81
Days on Market198

Property Features for 1251 Park Street

General Information

Standard status Active
Size 3,316 SF
Lot size 0.11 Acres
Property subtype Multi-Family
Zoning C-C-T

Site & Location

Highway Access Yes
Road Access Yes

Amenities

Public Utilities, Water - Public, Flat, Shingle

Building Details

Building Size 3,316 SF
Year Built 1913
Buildings 1
Stories 2
Listing Agency: Giant Realty Inc.
Listed By: Hsin-Chieh Chou · License #DRE #01735325
Source: Kw
Added: Feb 14 Changed: Aug 31 Last Checked: Aug 31 at 2:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Giant Realty Inc.

Investment Insights

Based on property information with market context.

The property is associated with approved design review for a new 3,316 Sq. Ft. two-story mixed-use building on a 4,965 Sq. Ft. lot. The planned configuration includes one retail unit at street level and two residential units on the second floor. Public water and utility service are identified, and the site includes a private parking lot.

Located at 1251 Park Street in Alameda’s shopping district, the property offers access to I-880 and State Route 61. South Shore Center and the beach are within one mile, while Chochenyo Park is one block away. The site is zoned C-C-T, a Community Commercial and Theater Combining Zoning District.

Key Highlights

  • Approved design review for a new 3,316 Sq. Ft. mixed‑use building
  • 4,965 Sq. Ft. total lot area
  • Planned mix of one retail unit and two residential units

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Parking Lot & Garage Food Market HVAC Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,713
Businesses Nearby

Demographics for 94501, CA

64,116
Population
27,117
Households
2.4
Avg Household Size
41
Median Age
58%
College-Educated
93%
High-School Grad
8.0 sq mi
ZIP Area
8,015
Density / Sq Mi
$119,500
Median Household Income
$75,514
Median Earnings
$2,362
Median Rent
$1,213,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Approved plans provide one ground-floor retail space and two residential units above, with public utilities and private parking.
Where is this mixed-use property located?
The property is located at 1251 Park Street 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 design review for a new 3,316 Sq. Ft. mixed‑use building; 4,965 Sq. Ft. total lot area; Planned mix of one retail unit and two residential units
More about this property
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