Property summary
This exceptional 4,000-square-foot free-standing retail building is located at 1508 Park Street in the heart of Downtown Alameda, California (94501). Currently fully vacant, this property presents a unique opportunity for a variety of commercial uses. Previously occupied as a restaurant and bar, the space boasts existing infrastructure including a usable bar, kitchen with a large mixer, pizza oven, sinks, and a type 1 hood. The layout features a defined bar area, a dining area, and another large separate dining room, offering flexibility for customization. Situated on a desirable block of Park Street, the property benefits from high visibility and foot traffic. The surrounding area is vibrant, with numerous restaurants, cafes, and shops, creating a thriving commercial environment. Nearby attractions include the Alameda Theatre & Cineplex, the Pacific Pinball Museum, and the Alameda Museum, further enhancing the location's appeal. Alameda County provides a strong economic base and supportive community for businesses. This is a turnkey opportunity for an established business or a new venture seeking a prominent location in a dynamic and desirable area. The property's existing features significantly reduce initial build-out costs, making it an attractive investment.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning