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 £670,650 (£180/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
£670,650
Price Per SF
£180
Percent Leased
35%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.95
Land Acres
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 ft on E 12th St St
Amenities
- Bus Route
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 | £379,887 |
| Land Assessment | £114,965 | Total Assessment | £494,852 |
PROPERTY TAXES
Parcel Number
020-0125-015-00
Land Assessment
£114,965
Improvements Assessment
£379,887
Total Assessment
£494,852
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Michael McGuire -
Gary Bettencourt -
California Capital & Investment Group
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Mixed Use Building Ideal for Owner/User | 412-414 E 12th St
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