Retail Space - For Sale
1650 Park Street Alameda, CA 94501
Details & Description
Price: $5,250,000
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 1.340
  • Building Sq Ft 19,143
  • Building Price per Sq Ft $274.25
  • Land Sq Ft 58,370
  • Land Price per Sq Ft $89.94
The subject property is 100% leased to HLM Corporation, the master tenant operator of Alameda Marketplace, with less than 1 year remaining on a NN lease and two 5-year option periods.This historic building houses a side-by-side lineup of upmarket, sustainable food shops and cafes which are all subtenants under the master lease. The Marketplace is home to eight locally owned and independently operated businesses that focus on gourmet, all natural, sustainable, handmade, artisan and organic foods.Located in a large brick building at the gateway to the Park Street Shopping District in downtown Alameda, The Marketplace provides an open air, marketplace shopping experience similar to the Ferry Building in San Francisco. The subject property is strategically located at the signalized hard corner intersection of Alameda’s iconic Park Street & Buena Vista Avenue (~34k vehicles passing per day) and is near Interstate 880 (~215k vehicles per day). The trade area is supported by more than 465,796 residents with an average household income higher than $118k within a 5-mile radius of the subject property.
Listing Agents
Dave Lucas
Capital Pacific
O: 415-274-7390
dlucas@capitalpacific.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1650 Park Street

Alameda, CA 94501

Listing ID: 259306
$5,250,000
For Sale
  • Property Type Retail for Sale : Other Retail
  • Lot Size Acres 1.340
  • Building Sq Ft 19,143
  • Building Price per Sq Ft $274.25
  • Land Sq Ft 58,370
  • Land Price per Sq Ft $89.94
  • 1650 Park Street Alameda, CA 94501 | for Sale | Photo 1
  • 1650 Park Street Alameda, CA 94501 | for Sale | Photo 2
  • 1650 Park Street Alameda, CA 94501 | for Sale | Photo 3
1650 Park Street | for Sale | Thumbnail 1
1650 Park Street | for Sale | Thumbnail 2
1650 Park Street | for Sale | Thumbnail 3
Description

The subject property is 100% leased to HLM Corporation, the master tenant operator of Alameda Marketplace, with less than 1 year remaining on a NN lease and two 5-year option periods.

This historic building houses a side-by-side lineup of upmarket, sustainable food shops and cafes which are all subtenants under the master lease. The Marketplace is home to eight locally owned and independently operated businesses that focus on gourmet, all natural, sustainable, handmade, artisan and organic foods.

Located in a large brick building at the gateway to the Park Street Shopping District in downtown Alameda, The Marketplace provides an open air, marketplace shopping experience similar to the Ferry Building in San Francisco. The subject property is strategically located at the signalized hard corner intersection of Alameda’s iconic Park Street & Buena Vista Avenue (~34k vehicles passing per day) and is near Interstate 880 (~215k vehicles per day). The trade area is supported by more than 465,796 residents with an average household income higher than $118k within a 5-mile radius of the subject property.

Attachments & Files

Listing Demographics for 1650 Park Street Alameda, CA 94501

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population31,614268,164507,846
Population Median Age403938
Population by Age0-9 Yrs3443 (10%)31486 (11%)57276 (11%)
10-19 Yrs3367 (10%)27970 (10%)54281 (10%)
20-29 Yrs3832 (12%)38467 (14%)78819 (15%)
30-39 Yrs4974 (15%)45710 (17%)88769 (17%)
40-49 Yrs5015 (15%)38985 (14%)71770 (14%)
50-59 Yrs4390 (13%)32365 (12%)60290 (11%)
60-69 Yrs3747 (11%)28662 (10%)52700 (10%)
70+ Yrs2845 (8%)24518 (9%)43941 (8%)
Median HH Income$91,495$74,953$77,001
Total Household Income< 24K1678 (13%)18751 (18%)35848 (18%)
25-49K1914 (15%)16823 (16%)31196 (16%)
50-74K1688 (13%)14678 (14%)26630 (13%)
75-99K1360 (11%)11793 (11%)22148 (11%)
100-199K3943 (31%)25570 (25%)47973 (25%)
200K+1772 (14%)12838 (12%)27101 (14%)
Highest Education LevelNo Diploma27483657461135
Diploma or GED31093022956949
Some College41603401763662
Assoc. Degree12721170021882
Bachelors Degree73254996396019
Higher Degree46183170565651
Total Housing Units13,038108,021204,048
--Owner-Occupied5,03839,64477,207
--Renter-Occupied7,31760,808113,688
Owner-Occupied Values< 100K946851458
100-199K617791630
200-299K13918463674
300-399K11733416964
400-499K15843148063
500K+44692867955417
Total Working Age Population25,843218,353417,054
In Work Force17,550147,686283,810
Not In Work Force8,29370,666133,244
Workforce Employed16,638138,881265,655
Workforce Unemployed7088,05616,879
Civlian Workforce17,346146,937282,534
Military Workforce2047491,276
Total Households12,355100,452190,895
Family Households7,26858,476107,042
Non-Family Households5,08741,97683,854
Married Couple5,67339,98772,029
Other Family1,59618,48935,012
Married w/Child2,53418,11231,447
Single Male w/Child1271,7943,362
Single Female w/Child5256,33212,317

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
California33,871,648+1037,253,956+940,467,295+843,631,295
Alameda County1,443,741+51,510,271+121,696,752+101,861,027
Contra Costa County948,816+111,049,025+121,171,305+111,296,786
San Francisco County776,733+4805,235+12903,294+8976,481
San Mateo County707,161+2718,451+9785,650+6833,868

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Retail Space Listings for Sale Nearby
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2818 MacArthur Boulevard, Oakland, CA $895,000 1200 0.07
2021 Broadway, Oakland, CA $3,500,000 10000 0.1
3721 Grand Avenue, Oakland, CA $2,375,000 3247 0.1
3210 Harrison Street, Oakland, CA $1,350,000 3546 0.14
2764 73rd Avenue, Oakland, CA $2,600,000 8992 0.12
599 MacArthur Boulevard, San Leandro, CA $950,000 3697 0.11
Closest Commercial Airports
Airport Distance (mi)
Metropolitan Oakland International Airport (OAK) 3
San Francisco International Airport (SFO) 13
Norman Y. Mineta San Jose International Airport (SJC) 33
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