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Property profile & analytics
FOR SALE
Auto shops

1900 Park St Alameda, CA 94501

2,157 SF 0.23 ac lot Built 1964
Entity Owned 8-yr Hold Free & Clear
Property ID
US09-9210612
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1964
Construction WOOD
Total area 2,157 SF
Lot 0.23 ac (10,157 SF)
APN 70-194-15
UPID US09-9210612
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
1900 Park Street LLC · 8 yrs held
1900 Park Street LLC
since 2018
4 recorded transactions
2018
Price N/A
2015
Price N/A
2010
Price N/A
2006
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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