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1403-1413 Encinal Ave 6,568 SF 100% Leased Retail Building Alameda, CA 94501 $2,195,000 ($334.20/SF) 6.16% Cap Rate
Investment Highlights
- 5 residential units complete the building.
- Central Ave frontage.
- Mixed use building with 3 commercial and 5 residential units, commercial units make up a local Bar
Executive Summary
Nice mixed use building with 3 commercial and 5 residential units, commercial units make up a local Bar "The Benton" which occupies 2 units and a nail salon, 5 residential units complete the building.
Financial Summary (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$185,598
|
$28.26
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$185,598
|
$28.26
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $185,598 |
| Annual Per SF | $28.26 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $185,598 |
| Annual Per SF | $28.26 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,568 SF
Building Class
C
Year Built
1910
Price
$2,195,000
Price Per SF
$334.20
Cap Rate
6.16%
NOI
$135,149
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.15 AC
Zoning
C-I, Alameda - Mixed use, some street level retail surrounded by the historic Gold Coast on one side and a mix of apartments and single family homes on the other.
Amenities
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (83)
Bike Score®
Very Bikeable (82)
Nearby Major Retailers
Property Taxes
| Parcel Number | 072-0342-008-00 | Improvements Assessment | $1,864,437 (2025) |
| Land Assessment | $473,508 (2025) | Total Assessment | $2,337,945 (2025) |
Property Taxes
Parcel Number
072-0342-008-00
Land Assessment
$473,508 (2025)
Improvements Assessment
$1,864,437 (2025)
Total Assessment
$2,337,945 (2025)
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1403-1413 Encinal Ave
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