Oakland, CA 94603,888 98th Ave
$1,470,000
$1,580,000
7.0%
Est.Price: ?

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10,096 SqFt

888 98th Ave Oakland, CA 94603

Est. payment /mo
SOLD DATE : 08/16/2017

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Key Details

Sold Price $1,470,000

Property Type Commercial

Sub Type Commercial Property

Listing Status Sold

Purchase Type For Sale

Square Footage 10,096 sqft

Price per Sqft $145

MLS Listing ID MR40769257

Sold Date 08/16/17

Originating Board East Bay Recip

Year Built 2010

Lot Size 0.264 Acres

Property Sub-Type Commercial Property

Property Description

100% FULLY LEASED WITH 8 TENANTS! Built in 2010, this rare newer construction features two stories and 10,096 sf. Fully-leased to eight unique retail tenants, this commercial center is a cash cow. Building includes an elevator and ADA compliant bathrooms. EIGHT PLUS RETAIL SPACES The property has eight unique tenant spaces (div. to 10 total). Cap rate at 6.1% is actual. All units fully leased. HIGH VISIBILITY The high traffic location offers unbeatable visibility as it straddles the corner of 98th Ave and San Leandro St, across from a Bus station and the BART line, where its commanding height provides unparalleled advertising potential. The strip center is centrally located within minutes from the Coliseum, Oakland Airport and I-880 and I-580 freeways.

Location

State CA

County Alameda

Zoning CIX2

Exterior

Exterior Feature Stucco

Parking Features Common Parking Area, Street

Garage Spaces 12.0

Roof Type Composition

Building

Story Two Story

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MLS Listing IDX PLUS
Listed by Frederick Kuo • Amber Rock Properties
Bought with Frederick Kuo • AMBE

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agent

Madhu Sarkar

Agent | License ID: 01702931

+1(650) 504-7768

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