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OFF-MARKET
Retail properties & Spaces

1518 Park St Alameda, CA 94501

Property ID
Property summary
AI-generated overview

This exceptional 2,500 square foot restaurant space is ideally situated at 1518 Park Street, Alameda, CA 94501, on a corner lot at the cross streets of Park Street and Santa Clara Avenue. The property offers significant street frontage and abundant window views, creating a highly visible and attractive space for a variety of food and beverage concepts. The existing infrastructure includes a fully functional kitchen, restrooms, and a bar, minimizing initial setup costs for prospective tenants. Furthermore, existing furniture, fixtures, and equipment (FF&E) are available for inclusion in the lease. The property boasts a significant advantage with two outdoor patios, providing ample space for al fresco dining and expanding the overall capacity. Conveniently located, the property includes one gated parking space in the rear for tenant use. This turnkey opportunity presents a rare chance to establish or relocate a thriving restaurant business in a vibrant Alameda neighborhood. The single-tenant occupancy ensures exclusive use and control of the premises. This property is zoned for retail, restaurant, bar, cafe, and wine bar uses.

Property profile
Verified
Property type Retail properties & Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kokoro Donburi Restaurant
  • Japanese Food Restaurant
  • KoKoLo Donburi - KoKoRo Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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