1900 Park St Alameda, CA 94501
For Sale
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This exceptional commercial property, situated at 1900 Park Street in Alameda, California, presents a remarkable investment opportunity. Boasting a prominent corner location within the vibrant Park Street Business District, this property offers significant potential for redevelopment or repurposing. The building itself features high ceilings, providing ample space for a variety of commercial uses. The substantial lot size, encompassing 0.23 acres, offers considerable flexibility for expansion or future development. The property's previous use as a muffler repair shop provides a solid foundation for a range of potential businesses. However, it's crucial to note that due to existing zoning regulations, prospective buyers are strongly encouraged to independently verify permitted uses and development options with the City of Alameda Planning Department. This due diligence is essential to ensure compliance with all applicable regulations and to maximize the property's potential. The asking price for this unique commercial property is $1,650,000. Additionally, lease options are available for this property. This prime location and substantial lot size make this an exceptional opportunity for a discerning investor or business owner seeking a high-visibility presence in a thriving Alameda commercial district.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.