3529 Fruitvale Ave 7,680 SF 66% Leased Flex Building Oakland, CA 94602 $3,840,000 ($500/SF) 6.67% Cap Rate

Introducing Dimond Alley at 3525 Fruitvale Ave, Oakland, CA - a prime investment opportunity in Oakland's vibrant Fruitvale District. This newly renovated mixed-use property features a Restaurant, Flex Retail, and a luxurious 3-bed, 2.5-bath apartment with a roof deck, offering diverse income streams. Boasting a high-performing corner location with great visibility and a 93 Walk Score, this turnkey asset is complemented by ample parking in a nearby public lot. The property's recent overhaul includes a new roof, foundation, plumbing, electrical, and HVAC, ensuring minimal management for the new owner. With 65% of the retail space currently vacant, there's enticing potential to maximize returns. Generate income immediately from existing leases, including a well-established restaurant. Benefit from a $256,008 NOI and a 6.67% CAP Rate, presenting a solid opportunity for those seeking a lucrative investment in a bustling commercial corridor. Take advantage of this gem for an SBA loan or 1031 Exchange and step into a profitable future with Dimond Alley.