
901 Oakland Road Northeast
Multi Use Property-100% Leased-Value Add Opportunity
Marketing description
Excellent multi-use commercial investment opportunity with strong income potential and major improvements already completed. Main level shop space is currently leased through 2029 providing stable long term income. Property also includes an updated 2 bedroom apartment upstairs that is currently rented, along with additional storage space in the rear half shop and apartment area. A huge clean basement offers outstanding potential for additional storage, workspace, or future value add opportunities. Extensive updates include a new parking lot in 2025, updated siding, all new electrical throughout, new furnace for the main level shop in 2025, updated storefront improvements including repainting and awning renovation, new stoop, planter removal, new front door and display window frame, plus multiple updated bathrooms. Water heaters replaced in 2013 and 2019. Excellent opportunity for investors seeking a value add property with existing tenants and future upside potential.
Investment highlights
Main level retail space + apartment above
Repainted/redone awning, new front stoop, and planter removed (2024)
New parking lot (2025) — approx. $40,000 investment
New lower siding (2025) + upper siding after 2020
3 half bathrooms throughout main level (2 are updated)
New front door + front door window frame (2025) — approx. $6,000
New furnace for retail space (2025)
Second furnace replaced (2013)
Water heaters replaced in 2013 and 2019
All electrical redone
Both roofs replaced around 2019
Apartment Updates-
New luxury plank flooring
New carpet
New doors
Fresh paint
Fully remodeled bathroom
Brand new washer & dryer
Newer A/C with new furnace coil (essentially new)
New refrigerator
One Bedroom turned into Laundry/Closet space.
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