1506 Park St Alameda, CA 94501
This exceptional 6,250 square foot free-standing retail building, located on Park Street in Alameda County, presents a unique investment opportunity. Currently featuring multiple tenants, 2,250 square feet of space is immediately available. The building boasts a highly desirable location within a vibrant commercial district, surrounded by a diverse mix of restaurants, cafes, and boutiques. The Alameda Theatre & Cineplex is nearby, providing ample entertainment options, while nearby parks and waterfront access cater to a broad demographic. This turnkey, second-generation restaurant space is fully equipped with a type 1 hood, ample sinks, and a substantial food preparation area. The versatile layout allows for flexible seating and service configurations, making it suitable for a variety of culinary concepts. The high-visibility storefront ensures prominent street presence, maximizing exposure to potential customers. Modern amenities and infrastructure are in place, complemented by a spacious and open floor plan. The property also includes a valuable outdoor patio and a gated lot in the rear, offering additional space and security. This prime location combines urban convenience with a relaxed coastal atmosphere, creating an ideal environment for a thriving business. The property's strong existing tenancy and available space make it an attractive proposition for both established businesses and new ventures seeking a prominent Alameda location.
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TACO FINO BAR Restaurant
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CAPULLO COCINA MEXICANA ALAMEDA Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.