4212-4220 Piedmont Ave

Description

INVESTMENT HIGHLIGHTS

  • Prime Retail Corridor Next to Renown Ice Cream Establishment, Fenton’s Creamery
  • 100% Occupied With Strong Commercial Tenancy and Low Residential Vacancy Rate
  • ADU potential
  • Rare opportunity; Mixed-Use Assets Rarely Available in the Neighborhood
  • Well maintained, Recent Exterior and Roof Upgrades

EXECUTIVE SUMMARY

Touchstone Commercial Partners, Inc. is pleased to offer investors the opportunity to purchase the fee simple interest in a 10-unit mixed-use property located at 4212-4218 Piedmont Avenue in Oakland, CA. The subject property consists of two (2) 2bd/1ba units, two (2) 1bd/1ba units, two (2) studio units and four (4) ground floor commercial units. Additionally, there is a garage structure currently leased for storage by Fenton’s Creamery with future ADU potential. All units are occupied with stable commercial tenancies. The subject property is sandwiched between Oakland’s Temescal and Piedmont neighborhoods close to the Kaiser Permanente Oakland Medical Center. Located just across the street from famed Fenton’s Creamery, this is an opportunity to own a fully occupied mixed-use asset on one of Oakland’s most coveted retail corridors.