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BLDG-C 2421 Blanding Ave 18,276 SF Industrial Building Alameda, CA 94501 $2,500,000 ($136.79/SF)
Investment Highlights
- 18,276 sf full building repositioning opportunity or owner user opportunity
- Recently completed roof and storefront window replacement
- Expansive surface lot with potential to add additional parking or loading
- Flexible NP-MM (North Park Street Marine Manufacturing) zoning for light industrial uses
- Blanding Avenue signage opportunity
- Located on the gateway to Alameda, and provides convenient access to executive and employee housing throughout the East Bay via the 880 Freeway
Executive Summary
Newmark, as exclusive advisor, is pleased to present the opportunity to acquire 2421 Blanding Building C (the “Property” or “Building”), an 18,276 sf industrial condo located in Alameda, California. The Property is offered fully vacant providing an investor with the opportunity to reposition the asset to appeal to today’s active tenant base or for a user seeking near term occupancy.
The Property offers an ideal Alameda location, surrounded by a dense retail amenity base including Nob Hill Foods, Starbucks, Peet’s Coffee, Togos, Wing Stop and Round Table Pizza, as well as local favorites Dragon Rouge Bistro and A-Town Pizza & Kabob. The Property is located on the gateway to Alameda and provides convenient access to executive and employee housing throughout the East Bay via the 880 Freeway.
The Property offers an ideal Alameda location, surrounded by a dense retail amenity base including Nob Hill Foods, Starbucks, Peet’s Coffee, Togos, Wing Stop and Round Table Pizza, as well as local favorites Dragon Rouge Bistro and A-Town Pizza & Kabob. The Property is located on the gateway to Alameda and provides convenient access to executive and employee housing throughout the East Bay via the 880 Freeway.
Property Facts
| Price | $2,500,000 | Rentable Building Area | 18,276 SF |
| Price Per SF | $136.79 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 2000 |
| Property Type | Tenancy | Single | |
| Building Class | B | ||
| Zoning | NP -MM | ||
| Price | $2,500,000 |
| Price Per SF | $136.79 |
| Sale Type | Investment or Owner User |
| Property Type | |
| Building Class | B |
| Rentable Building Area | 18,276 SF |
| No. Stories | 1 |
| Year Built | 2000 |
| Tenancy | Single |
| Zoning | NP -MM |
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Moderately walkable
70/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 070-0195-007-00 | Improvements Assessment | $2,409,480 |
| Land Assessment | $948,175 | Total Assessment | $3,357,655 |
Property Taxes
Parcel Number
070-0195-007-00
Land Assessment
$948,175
Improvements Assessment
$2,409,480
Total Assessment
$3,357,655
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BLDG-C | 2421 Blanding Ave
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