$900,000
$1,000,000
10.0%For more information regarding the value of a property, please contact us for a free consultation.
3,584 Sqft Lot
SOLD DATE : 11/01/2024
Key Details
Sold Price $900,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 41069034
Sold Date 11/01/24
HOA Y/N No
Year Built 1930
Lot Size 3,584 Sqft
Property Description
KW Commercial is pleased to be retained as the exclusive broker for 4201-4203 Park Blvd., a two (2) unit retail storefront nestled in the heart of Oakland's beloved Glenview District. This Trophy asset presents an exceptional opportunity for investors seeking to capitalize on the neighborhood's vibrant energy and growing demand for urban amenities. Built in 1930, 4201-4203 Park Blvd is a two-story structure built of wood frame construction with a stucco, brick and wood exterior. The two retail storefronts are comprised of a laundromat and a beauty salon. The laundromat has been owner operated for decades and the business will be included in the sale of the property. The laundromat accounts for roughly 2/3 of the total ground floor retail square footage (1339 SF). The beauty salon has been in business for just over two years and is thriving in this ideal location. The beauty salon accounts for roughly 1/3 of the total ground floor retail square footage (821 SF). 4201-4203 Park Blvd offers investors the opportunity to diversify your portfolio or an entrepreneur the opportunity to launch a new venture. This trophy asset offers an exciting opportunity for both growth and prosperity. The Glenview District is one of Oakland’s oldest neighborhoods and assets like this are rare!
Location
State CA
County Alameda
Zoning Comm
Interior
Fireplace No
Others
Tax ID 2454524
Financing Cash
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Bought with Nathaniel Reinke • KW Advisors East Bay
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REALTORS® | Lic# 01155199 | 02051274