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2368 Alvarado Street, San Leandro, CA, USA

Price: $3,099,999 ($219/sf)

Executive Summary

The Ivy Group is pleased to present the opportunity to acquire two industrial properties adjacent to each other located at 2368 & 2370 Alvarado Street, San Leandro, CA (“The Properties”).

2368 Alvarado Street (4,000 square feet) and 2370 Alvarado Street (10,156 square feet) are adjacent to each other, and both properties together yield a total of 14,156 square feet. They are both concrete frame construction with 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.

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.

Due Diligence

Highlights

  • Building Size

    14,156 square feet

  • Lot Size

    25,952 square feet (0.60 acres)

  • Year Built

    1957 & 1954

  • Zoning

    IG

  • Use

    Various commercial and industrial uses allowed

  • Freeway Access

    Convenient and easy access to freeways 92, 580 and 880

  • Bart Station

    Approximately 1.1 miles to San Leandro BART Station

  • Bus Stop

    Walking distance to major bus stops and public transportation nodes

  • Loading

    Each building is equipped with one grade level roll up door

Location

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2368 Alvarado St, San Leandro

Location

>>>

2370 Alvarado St, San Leandro