4935 Shattuck Ave, Oakland, CA 94609
- $1,800,000
- 4,687
- SqFt
- List Price
- $1,800,000
- Status
- ACTIVE
- MLS#
- 41148906
- Year Built
- 1956
- Property Type
- Comm Ind For Sale
- Living Area
- 4,687
- Lot Size
- 4,687
- Acres
- 0.11
- County
- Alameda
- Subdivision
- Temescal
Property Description
Fully-leased 5 unit retail investment opportunity located in Oakland's vibrant Temescal district. 4935 Shattuck Ave is anchored by the Michelin Guide-recommended restaurant Snail Bar. Remaining tenants include a cafe, an additional restaurant equipped with a full kitchen build-out, a hair salon and an African market. With an average of 4+ years remaining on the existing leases, investors will benefit from immediate stable cash flow and annual rent escalations that offer steady upside. Property currently generates $166,170/yr in gross scheduled income and is being offered at 6.37% cap rate. Contact brokers for more information.
Additional Information
- Exterior
- Stucco
- Lot Description
- Corner Lot
- Parking Features
- Garage
- Roof
- Other
Mortgage Calculator
Listing courtesy of Thomas Garabedian Cone from Red Oak Realty. 510-499-1235
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