For Sale
$1,800,000

16549 14Th StSan Leandro, CA 94578

Prime Retail, Two Lots, Business Included

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity in San Leandro, CA, presents a rare chance to acquire a thriving business alongside a substantial real estate portfolio. The offering encompasses two parcels totaling 8,666 square feet, featuring three buildings. The main asset is a 5,604-square-foot, two-story commercial storefront built in 1940, currently operating a successful leather and rug cleaning business, included in the sale price of $1,800,000 ($321.20/sq ft). This Class C building is situated on a 2,816-square-foot lot (APN: 80B-0300-6). The second property, on a 5,850-square-foot lot, includes two 2-bedroom, 1-bathroom residential units, each with existing tenants. One unit commands $1,300 per month on a one-year lease, while the other rents for $1,600 per month on a month-to-month basis. The commercial property owners utilize a garage and exterior parking space from the front residential unit for storage. Note that some utilities and access are shared between the properties. This represents a unique opportunity for owner-users or investors seeking a diversified portfolio with immediate income generation. The property is located at 16549 E 14th St, San Leandro, CA 94578.

Highlights

  • $1,800,000 asking price, reflecting a $300,000 price reduction.
  • Two lots totaling 8,666 SF, three buildings, and an established business included in the sale.
  • Main commercial building: 5,604 SF, two stories.
  • Second property: 5,850 SF lot with two 2 bed/1 bath residential units, both currently occupied.
  • Residential units generate income: one with a 1-year lease at $1,300/month, the other month-to-month at $1,600/month.

Property Details for 16549 14Th St

Property type
Retail properties, Retail space
Square Feet
5,604 SF
Class
C
Year Built
1940
Buildings
1
Stories
2

Location Insight

City
San Leandro
County
Alameda
State
California
Latitude
37.693269329102
Longitude
-122.11153791774
16549 14Th St, San Leandro, California

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16549 14Th St
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