2070 Lincoln Ave Alameda, CA 94501-2713
- Retail space
- 4,550 SF
- 0.13 lot acres
Current Use by Public Records
- Lincoln Market / Grocery Store / Liquor Store
Property Details for 2070 Lincoln Ave
- Year built
- 1910
- Construction
- WOOD
- Lot size
- 0.13 lot acres
- Property size
- 4,550 SF
- Property type
- Retail space
- APN
- 71-249-1
- APU
- 712491
Description
This Alameda commercial property, located at 2070 Lincoln Avenue, presents a unique investment opportunity. Currently configured as a two-unit building, it boasts a 0.13-acre lot. The main tenant, The Lincoln Market, occupies one unit on a month-to-month lease. The second unit is vacant, offering flexibility for an owner-user or conversion into a mixed-use development. Approved plans by the City Council exist for a 10-unit mixed-use building conversion, unlocking significant potential for future income and value appreciation. While the property shows some deferred maintenance, this presents a chance for value-add improvements through building upgrades and strategic tenant acquisition or lease renegotiation. The existing tenant provides immediate cash flow, while the vacant unit offers the opportunity to tailor the property to a specific business model or capitalize on the approved mixed-use conversion plans. This property is ideally situated in Alameda, offering excellent visibility and access to local amenities. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The property is priced at $1,200,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Alameda
- County
- Alameda
- State
- California
- Longitude
- -122.249
- Latitude
- 37.7696
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
