Property profile

1518 Park St Alameda, CA 94501

OFF-MARKET
Retail properties & Spaces
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Restaurant
  • Restaurant
  • Restaurant

Location

1518 Park St Alameda, CA 94501
Alameda metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1518 Park St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message