Property profile

2009 High St Alameda, CA 94501

OFF-MARKET
Restaurants
9,500 SF 0.22 ac lot Built 1938
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Property summary

AI-generated overview

This exceptional Alameda restaurant property, located at 2009 High Street, offers a prime opportunity for a thriving food service business. The 9,500 square foot building sits on a 0.22-acre lot and boasts a highly visible location along the Alameda High Street/Bridge corridor, ensuring significant foot traffic and brand exposure. Built in 1938 and extensively renovated in 2023, the property features a new roof, stucco, windows, doors, floors, ceilings, and fresh paint, presenting a modern and inviting space. The two-story building includes approximately 2,286 square feet of currently vacant space, ready for immediate occupancy. The remaining space is currently occupied by a single tenant. The property includes 12 parking spaces, a significant asset in a high-traffic area. The building's Class C designation reflects its solid construction and functionality. Its Alameda location, in Alameda County, CA (zip code 94501), offers easy access to a strong residential base and ample customer potential. The property's previous use as a successful BBQ restaurant demonstrates its suitability for a variety of food service concepts. This is a rare opportunity to acquire a fully renovated, high-visibility restaurant space in a desirable Alameda location. The property's address is 2009 High St, Alameda, CA 94501, with a cross street of Fernside Blvd and APN 69-130-212. The property has one building and no elevators.

Property profile

Verified
Property type Restaurants
Year built 1938
Total area 9,500 SF
Lot 0.22 ac (9,583 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2009 High St Alameda, CA 94501
Alameda metro
Google Maps

Value estimations

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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
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