Oakland Mixed-Use Church Investment
14,832 SF Specialty Building Offered at $3,750,000 at a 6.61% Cap Rate in Oakland, CA 94603
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,750,000
- Property Type
-
Specialty, Hospitality
- Square Feet
- 14,832 SF
- Price / Square Foot
- $253
Listing Contacts
David Howarth
Verified Profile
- Property Info
Property Overview
Rare mixed-use investment offering two churches and two detached single-family homes on nearly an acre of flat land spread across multiple parcels. The two parcels include 9629 Holly Street (APN 46-5424-8-1) and 9634 International Blvd (APN 46-5424-23-1). The churches offer approximately 13,209 square feet of rentable space and the single-family homes offer approximately 1,624 square feet of rentable space. The four properties sit on 42,300 square feet of land providing ample parking for large gatherings or possible future development. Both churches offer large congregation halls, meeting rooms, kitchens, multiple offices, and upgraded bathrooms. The exterior and interior are in good condition with little deferred maintenance resulting in an attractive investment with unlimited potential for both owner-users and investors. The location offers access by both Holly Street and International Blvd offering both high-traffic or quiet residential entry points. The neighborhood has been rapidly improving and is near a variety of restaurants and retail options with easy access to HWY 580, HWY 880 and San Leandro.
**** EMAIL [email protected] FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.
**** EMAIL [email protected] FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.
Property Details
- Year Built
- 1943
- Stories
- 2
- Property Subtype
- Religious Facility, Self-Storage, School
- Lot Size (sq. ft)
- 42,253 SF
Highlights
- Mixed-use Investment Offering Two Churches and Two Single-Family Homes
- 14,833 Square Feet of Rental on a Huge 42,300 Square Foot Lot
- Two Large Congregation Halls with Capacity for Over 350 Members
- Remodeled with Upgraded Kitchens, Bathrooms, Custom Fixtures, Hardwood Floors, and More
- Large 43,200 SqFt Lot; Perfect for Large Gatherings or Potential Development
- Entire Property Delivered Vacant – Perfect for Churches, Schools, and Investors
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