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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1506 Park St Alameda, CA 94501

6,250 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,250 SF
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
  • TACO FINO BAR Restaurant
  • CAPULLO COCINA MEXICANA ALAMEDA Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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