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Listed by Darron Tang • GOLDEN WEST REAL ESTATE
$ 2,100,000
Est. payment | /mo
1,564 SqFt
$ 2,100,000
Est. payment | /mo
1,564 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,564 sqft
Price per Sqft $1,342
Subdivision Ashland
MLS Listing ID 41125984
HOA Y/N No
Year Built 1910
Lot Size 5,625 Sqft
Property Sub-Type Duplex
Source Bridge AOR
Property Description
Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.
Location
State CA
County Alameda
Interior
Heating Other
Cooling No Air Conditioning
Flooring Laminate, Tile, Other
Fireplace No
Laundry Laundry Room, In Unit
Exterior
View City Lights, Other
Building
Lot Description 2 Houses / 1 Lot, Level, Premium Lot, Other, Back Yard
Water Water District
Others
Special Listing Condition Standard
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Melanie Peterson-Katz
Partner | Lic# 00890767