Property profile

1518 Clement Ave Alameda, CA 94501

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity presents seven available spaces within the vibrant Alta Star Harbor complex in Alameda County. Located on Clement Avenue, these spaces range in size from 198 square feet to a substantial 3,103 square feet, offering flexibility for a variety of businesses. The property is situated on the ground floor of a 380-unit residential building, ensuring a built-in customer base. With 45 dedicated parking spaces on-site, customer convenience is prioritized. The strategic location in Alameda provides easy access from the Webster Tunnel, maximizing accessibility for customers from across the Bay Area. Furthermore, the property enjoys a prime position within walking distance of the Marina Village Office Park, a significant 1.4 million square foot complex housing approximately 4,000 employees, representing a substantial pool of potential clientele. The total retail space available within the complex is approximately 9,225 square feet, offering a unique opportunity to establish a presence in a thriving and well-connected community. The multiple tenancy option allows for diverse business models to coexist and potentially create a synergistic environment. This is an ideal location for businesses seeking high visibility and convenient access to a large and diverse customer base. The combination of residential proximity, ample parking, and proximity to a major office park makes this a truly compelling investment opportunity.

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
  • Apartment Building

Location

1518 Clement Ave Alameda, CA 94501
Alameda metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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