2070 Lincoln AveAlameda, CA 94501

Property Details for 2070 Lincoln Ave

Year built

1910

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

4,550 SF

Property type

Retail properties

Property subtype

Retail space

APN

71-249-1

APU

712491

Description

This Alameda commercial property, located at 2070 Lincoln Avenue, presents a unique investment opportunity. Currently configured as a two-unit building, it boasts a 0.13-acre lot. The main tenant, The Lincoln Market, occupies one unit on a month-to-month lease. The second unit is vacant, offering flexibility for an owner-user or conversion into a mixed-use development. Approved plans by the City Council exist for a 10-unit mixed-use building conversion, unlocking significant potential for future income and value appreciation. While the property shows some deferred maintenance, this presents a chance for value-add improvements through building upgrades and strategic tenant acquisition or lease renegotiation. The existing tenant provides immediate cash flow, while the vacant unit offers the opportunity to tailor the property to a specific business model or capitalize on the approved mixed-use conversion plans. This property is ideally situated in Alameda, offering excellent visibility and access to local amenities. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The property is priced at $1,200,000.

• CAP approach

  CAP return

  Valuation

  6%

  $3,089,164

  6.5%

  $2,851,536

  7%

  $2,647,855

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,787,144

  Geo Method

  $3,197,982

• Alternative Use

  Use

  Valuation

  Residential

  $2,405,377

  Hospitality

  $2,203,313

  Educational

  $1,833,130

  Medical

  $1,896,174

  Retail

  $2,851,536

Location Insight

City

Alameda

County

Alameda

State

California

Latitude

37.7696

Longitude

-122.249

CBSA code

41860

CBSA name

SAN FRANCISCO-OAKLAND-FREMONT, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].