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$ 1,400,000
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2070 Lincoln Ave Alameda, CA 94501
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41101695
HOA Y/N No
Year Built 1910
Lot Size 5,662 Sqft
Property Description
This property is in a prime location, with commercial and residential areas nearby. The potential new owner has the option to maintain the property as it is and generate good rental income or proceed with the final step of obtaining construction approval. This commercial space presents a promising opportunity for development into a mixed-use building with ten units. The previous owners have already gone through the necessary public hearing and design review process, and their plans have been approved. The only remaining step for the new owner is to obtain approval from the Building Department for the permit process. The building currently houses two retail spaces. One of these spaces, Lincoln Market, is a well-known establishment in the neighborhood with a rich history as an independently operated landmark in Alameda. The other space, Unit 2064, is currently vacant.
Location
State CA
County Alameda
Zoning C
Interior
Fireplace No
Exterior
Roof Type Tar/Gravel
Others
Tax ID 712491
Listed by Laura Tang • Formality Real Estate
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