ALVARADO WAREHOUSE ON 2.02 ACRES 2851 Alvarado St Industriel/Logistique 1 394 m² À vendre San Leandro, CA 94577 5 868 196 € (4 210,98 €/m²) Taux de capitalisation 5,31 %

FOR SALE | 15,000 SF Industrial Warehouse on 2 Acres – Fully Leased Investment Opportunity - Newly Renovated
2851 Alvarado Street, San Leandro, CA 94577
A rare opportunity to acquire a Newly Renovated, Stabilized Industrial Asset in one of the East Bay’s most strategic logistics hubs. This ±15,000 sq. ft. freestanding warehouse is situated on a generous ±2-acre lot, currently leased to a strong tenant paying secure market rents. The property offers immediate income with long-term flexibility for owner-users or investors seeking dependable cash flow and asset appreciation.
Property Highlights:
Warehouse Size: Approximately 15,000+/- Sq. Ft.
Lot Size: ~2.02+/- Acres (~87,991+/- Sq. Ft.)
Newly Renovated Industrial Warehouse
Built 1948
Zoning: IG
Front offices with A/C & Drop Ceilings, includes: Reception Lobby, 3 Private Offices, 4th workstation or conference room / training room, Kitchenette/Break Room
~13,400+/- SF warehouse
~1,600+/- SF office space
~87,991+/- Sq. Ft. parcel, fenced, and mostly paved and well-maintained
5 dock high loading doors
1 drive-in ramp loading dock for interior access
Sprinklers
Upgraded electrical power: 200 Amps
Location: Near BART, Downtown San Leandro, Marina Square, Hwy 880, Oakland Airport
Lot securely fenced all around the lot
Key code entry and exit
Secure safety exterior lighting
Investment Highlights:
Stabilized Income: Currently generating a 5.31% cap rate based on a 7-year average of in-place lease terms
Secure Market Rent: Tenant paying strong market rate, ensuring solid returns and attractive income stream
Flexible Exit Strategy: Ideal for long-term investors or future owner-users seeking to occupy the property at lease expiration
Strategic Location: Minutes to I-880, I-580, and San Leandro BART , Oakland Airport – excellent for logistics and workforce accessibility
Land-Rich Asset: 2.02-acre parcel offers long-term development potential, outdoor storage, or future expansion
Strong Industrial Market: Located in a low-vacancy, high-demand sub-market with steady rental growth
Zoning: IG – Industrial General (City of San Leandro)
The property is zoned IG – Industrial Commercial, one of San Leandro’s most flexible and sought-after industrial designations. This zoning allows a wide range of light industrial, warehouse, distribution, and commercial uses—making it ideal for both investors and owner-users.
The IG (Industrial General) zoning for 2851 Alvarado Street in San Leandro offers broad flexibility for high-intensity industrial uses, including manufacturing, warehousing, equipment repair, and contractor yards. It allows outdoor operations with appropriate screening and supports businesses that require heavy equipment, large vehicle access, or 24/7 operations. Compared to other industrial zones, IG zoning has fewer restrictions and permits a wider range of uses without a Conditional Use Permit (CUP), making it attractive for logistics & fabrication. With no explicit FAR limit and a height allowance of up to 50 feet, it’s ideal for operations needing scale and operational freedom.
Why IG Zoning Adds Value:
Supports both industrial and integrated office/commercial operations
Perfect for growing businesses needing warehouse + administrative space
Allows for yard storage and vehicle circulation
Enhances long-term value with broad tenant appeal and reuse flexibility
IG zoning makes this ±15,000 SF facility on a ±2-acre lot a standout option in San Leandro’s high-demand industrial market—suitable for immediate cash flow and future operational use.
This is a rare chance to secure a prime industrial asset with built-in cash flow, land upside, and long-term flexibility.
Contact us today to receive a full marketing package & to schedule a private tour.