16549 E 14Th St, San Leandro, CA 94578

This exceptional investment opportunity in San Leandro, CA, presents a rare chance to acquire a thriving business alongside a substantial real estate portfolio. The offering encompasses two parcels totaling 8,666 square feet, featuring three buildings. The main asset is a 5,604-square-foot, two-story commercial storefront built in 1940, currently operating a successful leather and rug cleaning business, included in the sale price of $1,800,000 ($321.20/sq ft). This Class C building is situated on a 2,816-square-foot lot (APN: 80B-0300-6). The second property, on a 5,850-square-foot lot, includes two 2-bedroom, 1-bathroom residential units, each with existing tenants. One unit commands $1,300 per month on a one-year lease, while the other rents for $1,600 per month on a month-to-month basis. The commercial property owners utilize a garage and exterior parking space from the front residential unit for storage. Note that some utilities and access are shared between the properties. This represents a unique opportunity for owner-users or investors seeking a diversified portfolio with immediate income generation. The property is located at 16549 E 14th St, San Leandro, CA 94578.