$3,250,000
1711 International Blvd Oakland, CA 94606
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$3,250,000
Est. payment /mo
0.32 Acres Lot
Active
1711 International Blvd Oakland, CA 94606
UPDATED:
09/30/2024 05:48 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41073281
HOA Y/N No
Year Built 1987
Annual Tax Amount $35,348
Lot Size 0.320 Acres
Property Description
Introducing an exceptional retail investment opportunity at 1711 International Blvd?a prime strip mall shopping center located in the heart of Oakland?s bustling Rancho San Antonio neighborhood. Situated on a spacious 14,000 SQFT lot, this property offers approximately 8,215 SQFT of building space, with 24 individual units and a high occupancy rate of 95%. Strategically located on International Blvd, the strip mall benefits from high daily foot and vehicular traffic, attracting customers from across Oakland. Its proximity to several waterfront hotels, including Motel 6, Best Western Plus, and Executive Inn & Suites Embarcadero Cove, further enhances its visibility and appeal. The property features a diverse tenant mix, including cafes, beauty salons, a convenience store, insurance services, and more, making it an integral part of the surrounding community?s daily routine. This variety ensures a stable, balanced income stream, offering investors a reliable return on investment with a competitive yield compared to other retail properties in the San Francisco Bay Area. This strip mall is a cornerstone of local commerce and an excellent opportunity for investors seeking a well-positioned, high-traffic retail asset.
Location
State CA
County Alameda
Zoning X
Interior
Fireplace No
Exterior
Total Parking Spaces 15
Others
Tax ID 2011281
Listed by Li-Hui Cheng • CT Square, Inc
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