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Listed by Raelene Sprague, DRE #00577360 • Notable Real Estate
$ 8,500,000
Est. payment | /mo
26,129 SqFt
$ 8,500,000
Est. payment | /mo
26,129 SqFt
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 26,129 sqft
Price per Sqft $325
MLS Listing ID CC41142325
Year Built 1940
Lot Size 0.881 Acres
Property Sub-Type Commercial Property
Source Contra Costa Association of Realtors
Property Description
601-699 East 14th Street represents a rare opportunity to acquire six contiguous commercial parcels along one of San Leandro's most established retail and office corridors. The offering totals approximately 26.150 square feet of rental building area on a combined footprint of roughly .90 acres with a blended list price of $8,500,000. The portfolio combines in-place income from a mix of long-standing retail and office tenants with meaningful near term upside: a couple suites are currently vacant or on month to month terms, giving a buyer the ability to reposition, re-lease at market, or pursue redevelopment under the parcel's downtown zoning while remaining leases continue to produce cash flow.
Location
State CA
County Alameda
Area San Leandro
Zoning Comm
Exterior
Exterior Feature Concrete, Block, Stucco, Brick
Parking Features Common Parking Area
Garage Spaces 50.0
Roof Type Tar and Gravel
Others
Special Listing Condition Not Applicable
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