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Listed by Phillip Diep • ERS Premier
$4,200,000
Est. payment /mo
8,325 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 8,325 sqft
Price per Sqft $504
Subdivision Alameda
MLS Listing ID 41140857
HOA Y/N No
Year Built 1947
Lot Size 0.693 Acres
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
The property features an approximately 5,000 sq. ft. front building that was previously used as a church and is currently vacant, offering an excellent opportunity for an owner-user, religious organization, investor, or future redevelopment. The remaining approximately 3,325 sq. ft. consists of four residential units. Three units are currently tenant-occupied, providing immediate rental income, while one vacant 2-bedroom, 1-bath unit offers the flexibility for owner occupancy or additional rental income. In addition, the property includes a large storage/workshop building, providing added value and versatility for storage, workspace, maintenance operations, or other potential uses Combining a large lot, stable rental income, a vacant church building, and significant redevelopment potential, this property presents a rare value-add opportunity for investors, developers, religious organizations, and owner-users alike. Buyers are encouraged to verify zoning, permitted uses, and redevelopment possibilities with the appropriate local agencies.
Location
State CA
County Alameda
Interior
Heating Space Heater
Cooling Other
Flooring Hardwood, Laminate
Fireplace No
Appliance Refrigerator
Laundry In Unit
Exterior
View City
Building
Lot Description Court, Premium Lot
Water Public
Others
Special Listing Condition Standard
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