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(408) 659-0001
The Villages Realty - Rodda Realty Team
4935 Shattuck Ave, Oakland, CA 94609
- $1,600,000
Listed by Thomas Garabedian Cone, (510) 499-1235 from Red Oak Realty
(If provided) CoList: from
- List Price
- $1,600,000
- MLS#
- EB41148906
- Status
- ACTIVE
- Lot Size
- 4,687
- Listing Area
- Oakland Zip Code 94609
- Year Built
- 1956
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.
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Additional Information
- Acres
- 0.11
- Exterior Features
- Stucco
- Lot Size
- 4,687
- Neighborhood
- Oakland Zip Code 94609
- Present Use
- Retail
- Roof
- Other
- Unincorporated Yn
- Yes
- Zoning
- N/A
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than The Villages Realty - Rodda Realty Team are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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