$895,000
Rare 3-unit retail investment property located in the popular Lower Dimond district with excellent seller financing and great cash flow potential. The property was originally built in 1927, offers 2,648 square feet of rental space, and has excellent street frontage along MacArthur Blvd. Currently, the property is 100% occupied with stable tenants with tenants on month-to-month leases providing excellent upside for the next owner. The property is easy to manage and is separately metered for electric and gas providing for low annual operating expenses. The exterior and interior are in great condition with no deferred maintenance resulting in an attractive turn-key investment for the next owner. This is a perfect opportunity for an owner-user or investor to acquire a rare retail property in a high-demand rental location. This is a high demand location in one of Oakland's most well-established commercial districts. The property is surrounded by a diverse mix of local retailers, restaurants, service businesses, fitness studios, and professional offices, the property benefits from consistent pedestrian activity and strong daily vehicle traffic, making it an attractive location for a wide range of retail, office, or service oriented businesses.
41153513
MLS
2612 Macarthur Blvd, Oakland
Listing courtesy of David Howarth from The Pinza Group, Inc. 510-822-1331
