2368 Alvarado Street, San Leandro, CA, USA
Status: Sold on June 2022
For Sale | 2368 & 2370 Alvarado St, San Leandro, CA 94577
The Ivy Group is pleased to present the opportunity to acquire portfolio consisting of two free standing industrial properties adjacent to each other located at 2368 & 2370 Alvarado Street, San Leandro, CA (“The Properties”). The two properties must be sold together.
2368 Alvarado Street (± 4,000 square feet) and 2370 Alvarado Street (± 10,156 square feet) together yield a total of ± 14,156 square feet, with approximately 10% office and 90% warehouse. Both are concrete frame construction built on top of concrete foundation.
With increasing steady demand for industrial space in the immediate area, the Properties present a rare opportunity for an owner/user to acquire two fee simple interest industrial assets for business expansion through conventional, or 10% SBA financing. Zoned General Industrial (GI), the properties are ideally suited for cannabis, warehousing, eCommerce, light industrial uses, among others.
The industrial properties are located in San Leandro’s Laqua Manor district and is conveniently positioned in a primarily mixed office & industrial neighborhood. The neighborhood services and retail are located along Alvarado Street and East 14th Street. The central business district is approximately 1 mile North.
The Properties are located just south of Marina Boulevard which has direct access to Interstate 880. The area is approximately 3 miles south of San Leandro’s downtown. The area is zoned Industrial General and is developed with a mix of industrial and light industrial developments.
The Properties are located within the Lit San Leandro zone, which offers a fiber loop, providing state-of-the-art fiber optic internet connections with fast speed, reliability, reduced latency and low maintenance cost.
- Building Size
± 14,156 SF
- Lot Size
± 25,952 SF (± 0.60 acres)
- Year Built
1957 & 1954
600 amps, 3 Ø delta (buyer to verify)
Industrial General (IG)
Cannabis, warehousing, eCommerce, industrial, etc
- Freeway Access
Convenient & easy access to freeways 92, 580, 880
- Bart Station
± 1.1 miles to San Leandro BART Station
- Bus Stop
Walking distance to major bus stops and public transportation nodes
Two grade level roll up doors
Individually metered for electric, water, sewer
- Number of Units
75-93-1-13 & 75-93-1-9
- Ceiling Height
± 16 to 18 feet
- Multiple Offers3Offers
- Sold Above Asking$100K3.2% over asking
- Portfolio Sale2units sold together