Building Details:
• Year Built: 1948
842 Central Avenue, Alameda is an ideally located property on the corner of Central Avenue and 9th Street in the city of Alameda just south of Webster street. The property is surrounded be well maintained single family homes. The building, originally constructed, around 1948 and is zoned "C1" (Neighborhood Commercial) which accommodates a wide variety of uses including: retail stores, dance and art studios, restaurants, grocery markets and other similar uses which serve the retail needs of a typical neighborhoods during hours other than 10pm to 7am. Uses other than these would require the issuance of a use permit. The one story structure is approximately 4,683 sq. ft. and is currently divided into several private offices, an area previously used as a 42-seat cinema (with projection room) and a studio apartment. There is additional space in a basement which is not reflected in this square footage. This corner building has off street parking on the south and west sides that can accommodate 4-5 vehicles. Listed at $125.99 per sq.ft., this is an excellent property for either an investor or an owner/user. The property is presently vacant, with the exception of the residential studio (250 sq. ft.) that currently pays $700 per month. THIS IS A BANK OWNED PROPERTY.
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