For Sale

Listed by Laura Tang

Source: Bay East, Contra Costa, EBRD #41037878

2070 Lincoln Avenue, Alameda, CA, 94501

$1,490,000

5590 sq. ft.

Land

•

30+ days on the market

What's around 2070 Lincoln Avenue

About this property

Semi-APPROVED PLAN for 10 units in a prime location! The property is in the commercial and residential areas nearby. The potential new owner has the option to maintain the property as it is and generate good rental income or proceed with the final step of obtaining construction approval. This commercial space presents a promising opportunity for development into a mixed-use building with ten units. The previous owners have already gone through the necessary public hearing and design review process, and their plans have been approved. The only remaining step for the new owner is to obtain approval from the Building Department for the permit process. The building currently houses two retail spaces. One of these spaces, Lincoln Market, is a well-known establishment in the neighborhood with a rich history as an independently operated landmark in Alameda. The other space, Unit 2064, is currently vacant.

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