1542 Park Street, Alameda, CA 94501

Havrilla Commercial Investment Group presents a prime value-add retail investment opportunity located at 1542-1546 Park St. in Alameda. This street-front retail property is positioned along one of the city's most active commercial corridors, offering strong visibility and consistent foot traffic in a supply-constrained submarket. The property consists of approximately 4,320 square feet of rentable area situated on an approximately 4,375 square foot lot (0.10 acres). Originally constructed in 1920, the building features masonry construction and a classic multi-tenant storefront layout, ideal for a variety of retail or service-oriented uses. Currently, the property is 100% occupied by a mix of local tenants, with several leases structured on a month-to-month basis or approaching expiration. This provides investors with a clear opportunity to increase rents to market, restructure lease terms, or reposition tenancy, creating meaningful upside through active asset management.

The property is a single-story, multi-tenant retail asset (Class C) with strong accessibility, benefiting from a highly walkable location and convenient access for both vehicle and transit traffic. Zoned C-C (Community Commercial), the property allows for a wide range of potential uses including retail, restaurant, medical, and professional services (buyer to verify). Located in the heart of Alameda's Park Street district, the property is surrounded by a dense mix of retail, dining, and neighborhood-serving businesses that generate steady consumer traffic and support long-term tenant demand. This offering presents a compelling opportunity for investors seeking a well-located asset with in-place income and immediate value-add potential in one of the Bay Area's most desirable infill retail corridors.