2414 Central AveAlameda, CA 94501
- Office buildings
- 5,968 SF
Property Details for 2414 Central Ave
- Year built
- 2007
- Construction
- WOOD
- Lot size
- 0.20 AC
- Property size (Sq ft)
- 5,968 SF
- Property type
- Office buildings
- APN
- 70-185-3-1
- APU
- 7018531
Description
This exceptional 1,518-square-foot retail space, located at 2414 A Central Avenue in Alameda County, presents a unique investment opportunity. The property is a single-tenant building, currently vacant and ready for immediate occupancy. The space boasts a fully built-out fitness area on the second floor, complete with a secured entry system, providing significant potential for a variety of uses. This adaptable layout offers flexibility for businesses seeking a turnkey solution. The inclusion of a dedicated outdoor patio adds considerable value, enhancing the overall appeal and functionality of the property. The building's 1,518 square feet are entirely vacant, allowing for complete customization to suit a tenant's specific needs and branding. The property's location in Alameda County offers excellent access to a thriving community and strong consumer base. This is an ideal opportunity for an owner-user or investor seeking a well-appointed retail space with significant potential for return. The second-floor fitness area, with its secured entry, presents a unique selling point, potentially attracting businesses in the health and wellness sector. The outdoor patio provides an additional amenity, perfect for creating a welcoming and engaging atmosphere for customers. The property's single-tenant status simplifies management and leasing, making it an attractive option for investors seeking a low-maintenance investment. The vacant status allows for immediate occupancy and customization, minimizing downtime and maximizing potential revenue. This property is ready for its next chapter.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $2,756,392
- 6.5%
- $2,544,362
- 7%
- $2,362,622
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,971,191
- Geo Method
- $1,664,535
-
Alternative Use
- Use
- Valuation
- Residential
- $3,155,009
- Hospitality
- $2,889,972
- Educational
- $2,404,422
- Medical
- $2,487,114
- Retail
- $3,740,212
Location Insight
- City
- Alameda
- County
- Alameda
- State
- California
- Latitude
- 37.7637
- Longitude
- -122.242
- CBSA code
- 41860
- CBSA name
- SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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