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Historic Mixed-Use Property
New
For Lease
$15,000,000

2544 Santa Clara AVE, Alameda, CA 94501

Spanish Colonial Revival asset combines apartments, ground-floor retail, and a flexible event space in a community commercial district.

Space SizeContact for details
Days on Market5

Property Features for 2544 Santa Clara AVE

General Information

Standard status Active
Property subtype Commercial
Zoning CCT - Community Commercial Theater District

Building Details

Year Built 1926
Listing Agency: MJA Equity Investments, Inc
Listed By: Jake Anthony · License #02059020
Source: Steinbeckre
Added: Sep 19 Last Checked: Sep 22 at 4:13PM

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 MJA Equity Investments, Inc

Investment Insights

Based on property information with market context.

Built in 1926, this 69,138-square-foot Spanish Colonial Revival property combines 93 residential units with 17 ground-floor retail spaces, creating 110 total units. Residential accommodations include studios, one-bedroom units, and rooms with private or shared bathrooms. The property also includes a historic ballroom and event venue, expanding its physical program beyond residential and retail uses. Physical occupancy is 96.4%.

Zoned CCT—Community Commercial Theater District—the property occupies a commercial corridor in downtown Alameda. Retail fronts Broadway, while the site provides access to the Fruitvale BART station and the Bay Bridge. The unit mix, commercial component, and event-oriented space create a diversified mixed-use configuration within a single 1926 building.

Key Highlights

  • 93 residential units and 17 retail spaces, totaling 110 units
  • 69,138 SF mixed‑use building constructed in 1926
  • 96.4% physical occupancy

Property Analytics

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Current Use

CTL Artistry Cosmetic Store SANJEEVANI BEAUTY STUDIO ... Spa & Massage Center

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Barber Shop Home Appliance Store Travel Agency

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,360
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Spanish Colonial Revival asset combines apartments, ground-floor retail, and a flexible event space in a community commercial district.
Where is this mixed-use property located?
The property is located at 2544 Santa Clara AVE Alameda, CA.
What is the lease rate?
The lease rate is $15,000,000.
What are key features of this property?
This property features: 93 residential units and 17 retail spaces, totaling 110 units; 69,138 SF mixed‑use building constructed in 1926; 96.4% physical occupancy
More about this property
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