COMMERCIAL PROPERTY FOR SALE

1102 Lincoln Avenue| Alameda | CA | 94501

Rich Krinks

Broker Associate, e-Pro

510.381-3434

rich.krinks@bhhsdrysdale.com

rkrealestate.com

1102 LINCOLN AVENUE, ALAMEDA

Asking Price: $1,875,000

• Vacant Retail Space

• Large Second Floor With Skylights

• Two Residential Units Included

• 9,782 Square Foot Building

• 6,250 Square Foot Lot

• C-1 Neighborhood Comm. Zoning

COMMERCIAL PROPERTY FOR SALE

1102 Lincoln Avenue | Alameda | CA | 94501

1102 LINCOLN AVENUE, ALAMEDA 94501 Great location in Central Alameda on a very busy four lane street. This location is in one of the Neighborhood Business Districts that are throughout Alameda. In the early days of the city these loca-tions were pick up and drop off points for the light rail system that covered most all of Alameda. The various stops had small com-mercial stores and restaurants designed to provide service for the travelers and the local neighborhood. SYNOPSIS:

1102 Lincoln is a mixed use property with a 8,844 sf retail unit con-sisting of 5,900 sf on the ground floor and 2,944 sf on the second floor, plus 2 residential units above the retail. The residential units are both 2 bedroom 1 bath units and are month-to-month. 1102 1/2 Lincoln pays $1,200/month rent w utilities included. 1104A Lincoln pays $1,300/month plus utilities. Neither tenant has a written lease agreement. 1100 and 1102 Lincoln Avenue were combined as a locally owned hardware store (Pagano’s Hardware Mart) for many years. In 2015 Pagano’s moved to another part of Alameda. At that time the owners decided to divide 1100 and 1102 into two properties since they were on two lots anyway. 1102 was repainted and ADA restrooms added. A large 2nd floor with an ADA restroom is located in the rear of the space and also leads to the rear of the residential units and to the street. 1102 Lincoln Avenue can be sold with 1100 Lincoln Avenue. Contact the Agent for more info.

CITY OVERVIEW ALAMEDA, CALIFORNIA

The City of Alameda is made up of four islands and is located directly in the San Francisco Bay adjacent to the City of Oak-

land and directly across the Bay from San Francisco. Alameda is considered the geographic center of the SF Bay Area. It is

only 12 miles west to downtown San Francisco, 38 miles south to San Jose, and 85 miles east to Sacramento. Alameda has

two ferry systems, AC Transit and BART Shuttle Services. The Oakland International Airport and Small Plane North Field are

located adjacent to Alameda. Alameda has a population of approximately 75,000 people within 23 square miles and there

are approximately 30,000 households. The City is known for its expansive and beautiful Victorian homes, marinas, shoreline

parks, bicycle paths, great schools and a safe living environment with a small hometown feel. There are two major business

parks with Marina Village located on the northwest side of the City and the Harbor Bay Business Park located in the south-

east out on Bay Farm Island. The business parks (roughly 3.4 million square feet) are home to many large high tech firms,

pharmaceutical firms and other national companies. The Oakland Raiders Headquarters and practice facility is located in

the Harbor Bay Business Park. These business park businesses provide a very large daily population of employees. Alameda

is home to the College of Alameda with over 2,400 full time students. The Alameda Unified School District has 2 public high

schools, 2 middle schools and 10 elementary schools. There is also a private parochial school on the island that has elemen-

tary to senior high school students. There are 2 street retail shopping districts along with a regional shopping mall and 4

large shopping centers that service the City. One of the islands within the City limits is Coast Guard Island that houses a

Coast Guard Command Center. The Park Street Business District is evolving into a high quality shopping and dining area.

COMMERCIAL PROPERTY FOR SALE

1226 Park Street | Alameda | CA | 94501

COMMERCIAL PROPERTY FOR SALE

1102 Lincoln Avenue | Alameda | CA | 94501

COMMERCIAL PROPERTY FOR SALE

1102 Lincoln Avenue | Alameda | CA | 94501

Rich Krinks

Broker Associate, e-Pro

510.381-3434

rich.krinks@bhhsdrysdale.com

rkrealestate.com

CalBRE# 01095444

1102 Lincoln Avenue Area

2015 DEMOGRAPHICS

ITEM 1 MI. 3 MI. 5 MI.

Total Population 23,170 177,985 336,599

Daytime Population 22,327 243,659 441,926

Households 11,634 86,649 163,651

Average Income $92,074 $76,093 $85,495

VEHICLES TRAVELING THIS INTERSECTION:

+9,500 per day*

*City of Alameda Public Works

Subject Property