Mixed Use Building Ideal for Owner/User | 412-414 E 12th St
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Mixed Use Building Ideal for Owner/User 412-414 E 12th St
3,718 SF 35% Leased Retail Building Oakland, CA 94606 $1,226,720 CAD ($329.94 CAD/SF)
INVESTMENT HIGHLIGHTS
- Rare opportunity for an owner/user to acquire a small building for its business while collecting rental incomefrom other tenants.
- Ground floor storefront is ideal for a small retailer or office user.
- Upstairs 3 bedroom, 2 bathroom apartment has remodeled kitchen and bathrooms.
- Near Lake Merritt BART Station
EXECUTIVE SUMMARY
Excellent Owner/User Opportunity
California Capital & Investment Group is pleased to present the opportunity to acquire a small mixed-use building just east of beautiful Lake Merritt. The property consists of a two-story building and a separate rear nonconforming 3 bedroom, 2 restroom, dwelling unit. The two-story building is a walk-up with vacant ground floor commercial space and an upstairs 3 bedroom, 2 bathroom apartment currently leased at $2,800/month.
California Capital & Investment Group is pleased to present the opportunity to acquire a small mixed-use building just east of beautiful Lake Merritt. The property consists of a two-story building and a separate rear nonconforming 3 bedroom, 2 restroom, dwelling unit. The two-story building is a walk-up with vacant ground floor commercial space and an upstairs 3 bedroom, 2 bathroom apartment currently leased at $2,800/month.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,718 SF
Building Class
C
Year Built
1910
Price
$1,226,720 CAD
Price Per SF
$329.94 CAD
Percent Leased
35%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.95
Lot Size
0.09 AC
Opportunity Zone
Yes
Zoning
CN-3 - Oakland Opportunity Zone. There are Three Units, Mixed-Use building consists of 2 residents and a store front commercial space.
Parking
2 Spaces (0.54 Spaces per 1,000 SF Leased)
Frontage
82’ on E 12th St St
AMENITIES
- Bus Line
Walk Score®
Walker's Paradise (93)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 020-0125-015-00 | Improvements Assessment | $686,528 CAD |
| Land Assessment | $207,765 CAD | Total Assessment | $894,293 CAD |
PROPERTY TAXES
Parcel Number
020-0125-015-00
Land Assessment
$207,765 CAD
Improvements Assessment
$686,528 CAD
Total Assessment
$894,293 CAD
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Mixed Use Building Ideal for Owner/User | 412-414 E 12th St
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