Description
Looking for a lucrative investment property in the vibrant city of Oakland? Look no further! Month-to-Month Tenant & Excellent Frontage. This exceptional standalone building is currently leased to Mayflower Spa Body & Foot Massage, and has options for extending the current business or perfect for an owner-user space w/excellent signage visibility on a major arterial. An ideal addition to your investment portfolio at a 6.25% - 8% Pro Forma Cap. Build, owner-occupy, or expand! Situated Ivy Hill, this property enjoys excellent visibility & accessibility, ensuring a steady stream of customers for the tenant. Steady Income: Mayflower Massage has a well-established client base and a history of consistent rental payments, offering you a reliable source of income from day one. Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years.This investment could prove to be even more lucrative in the future.
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0BEDS
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0.06ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Listing provided courtesy of Carol Reen of Compass: 415-728-6199.
Description
Looking for a lucrative investment property in the vibrant city of Oakland? Look no further! Month-to-Month Tenant & Excellent Frontage. This exceptional standalone building is currently leased to Mayflower Spa Body & Foot Massage, and has options for extending the current business or perfect for an owner-user space w/excellent signage visibility on a major arterial. An ideal addition to your investment portfolio at a 6.25% - 8% Pro Forma Cap. Build, owner-occupy, or expand! Situated Ivy Hill, this property enjoys excellent visibility & accessibility, ensuring a steady stream of customers for the tenant. Steady Income: Mayflower Massage has a well-established client base and a history of consistent rental payments, offering you a reliable source of income from day one. Upside Potential: Oakland's real estate market is on the rise, offering the potential for property value appreciation in the coming years.This investment could prove to be even more lucrative in the future.
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