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.
5,625 Sq Ft Lot Size
other
Built in 1910
MLS/Listing ID 41125984
2 Units
City Lights View
Parking - Garage
Parking - Guest
Parking - On Street
Lot - Backyard
Lot - Front Yard
Shingle
Tar and Gravel Roof
Construction - Wood Siding
Construction - Stucco
Tile
Laminate
Lot - Yard
Lot - Street Level
TOTAL MONTHLY COST
$0
$0
$0