Mixed-Use Investment w/ Huge Garage Warehouse 3615-3617 San Leandro St 3,187 SF 100% Leased Retail Building Oakland, CA 94601 $495,000 ($155.32/SF) 8.40% Cap Rate

Rare mixed-use investment with excellent cash flow potential. The property was originally built in 1933, offers approximately 3,187 square feet of rental space, and sits on a 5,500 square foot lot with ample room for parking. The unit mix offers one 2bd/1bth apartment unit, one studio apartment unit, one retail unit, and a large 2,000 square foot garage/warehouse/shop. The property is easy to manage and separately metered for PG&E providing for low annual operating expenses. The retail unit, warehouse, and studio unit will all be delivered vacant at closing providing a perfect opportunity for an owner-user or investor seeking maximum cash flow. This is a perfect opportunity for an owner-user looking for space to run a business and have apartment income at the same time. The retail space has a few parking spaces in front for customers and easy access to the garage. The location is conveniently located near Downtown Oakland, Lake Merritt, BART, Fruitvale Public Market, and has easy access to HWY880. There are countless restaurants and shopping options nearby making this a desirable location for tenants.
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