3411 Capitol AveFremont, CA 94538

Property Details for 3411 Capitol Ave

Lot size

1.26 AC

Property size (Sq ft)

14,132 SF

Property type

Retail properties

Property subtype

Retirement homes

Description

This exceptional investment opportunity presents a fully entitled, mixed-use development in Fremont's vibrant Central Downtown. The project encompasses 90 market-rate condominium units, ranging from one to three bedrooms, with sizes varying from 596 to 1,444 square feet. A significant 14,132 square feet of ground-floor retail space is also included, enhancing the property's appeal and generating additional income potential. The six-story building, designed by LPMD Architects, features a striking architectural design incorporating Type III and Type I construction. Residents will enjoy a wealth of amenities, including a fitness center, community room, open-air courtyard, private open spaces, and storage lockers. Ample parking is provided with 192 spaces, accommodating EVs, motorcycles, and bicycles. The property sits on a 1.26-acre lot (APN 501-1130-22-04) and benefits from a highly desirable location, within walking distance of Central Park, and conveniently situated near major freeways and BART. The zoning is D-MD 75% / D-CA 25%. The total net rentable square footage is 118,000 square feet. The seller will consider both an outright sale and joint venture structures. This development is poised to capitalize on Fremont's thriving market and strong demand for high-quality residential and retail space. The property is currently vacant.

Location Insight

City

Fremont

County

Alameda

State

California

Latitude

37.5512

Longitude

-121.984

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