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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$2,200,000

Est. payment - /mo

0.35 Acres Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID ML82067081

HOA Y/N No

Year Built 1900

Annual Tax Amount $26,620

Lot Size 0.347 Acres

Property Description

A fully leased mixed-use investment in the heart of the Fremont Mission corridor, offered at $2,200,000. Three buildings on a single ±15,125 SF parcel, with ±4,416 SF of improvements and 28 onsite parking spaces a rare combination of immediate cash flow and long-term upside in one of Fremont's most established neighborhoods. The property is 100% occupied, with tenants in place for 10+ years. Current income is $9,788 per month ($117,456/year), producing a 5.34% cap rate on actuals (5.50% pro forma). The street-facing retail unit ±1,200 SF is leased at $4,380/mo through 2028, anchoring the income stream with a long-term tenant. The mix works two ways. For an owner-user, live in one unit and lease the other three. For an investor, it is a turnkey, 1031-ready asset: fully leased, stable tenants, and income from day one no lease-up risk, no renovation required. The property sits on Mission Blvd, adjacent to Ohlone College in the Mission San Jose school district, with strong street visibility and steady neighborhood foot traffic. The Town Center zoning (TC-P(HOD)(H-I)) also carries future mixed-use development potential ground floor retail with residential above subject to buyer verification and City approvals. Offered as-is. APN 513-610-33.

Location

State CA

County Alameda

Area 699 - Not Defined

Zoning TC-P(HOD)(H-I)

Interior

Fireplace No

Exterior

Roof Type Other

Present Use Commercial

Total Parking Spaces 28

Others

Tax ID 51361033

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Listed by Tim Vi Tran The Ivy Group #01784630

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker License ID: 01405369

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43513 Mission BLVD Fremont, CA 94539

Patricia Beattie

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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