$1,950,000
Prime commercial investment opportunity featuring two adjoining parcels zoned District Commercial in a high-visibility location next to a shopping strip and directly across from Walmart. The first parcel (15540 & 15542) includes a 3/2 baths single-family home in front and a rear structure with two 1/1 baths units. The second parcel (15548) features offices/rooms, 2 baths office/retail building, currently used as a kitchen and bathroom showroom with storage. Excellent income potential with strong redevelopment upside. District Commercial zoning allows a wide range of uses including retail, office, coffee shop, art studio, medical services, personal services, daycare, and more. Potential to develop up to a 5-story (approx. 75 ft) building with Conditional Use Permit. Value primarily in the land. Opportunity for investors with huge options for development. Interested party to verify development possibilities with Alameda County Planning Department.
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Listed by Darron Tang with GOLDEN WEST REAL ESTATE (510) 270-8842
Property Type
Duplex
Status
Active
MLS Number
41125984
Year Built
1910
Lot Size
5,624 sq ft