Closed AT $6,600,000
±30,130 SF | Price/SF: $220 | Lot Size: 1.15 AC | Year Built: 1954, 2009 & 2009
Investment Highlights
Seller Truly Took Advantage of Today’s Seller’s Market
Owner/Occupied property for the last 30 years, downsizing business operation and relocating to a more suitable facility
Closed at $6,600,000 ($220/SF)
Multiple Offers from Owner/Users and Investors
Located in Oakland’s Green Zone, however, the property was sold to a non-profit (non-cannabis related)
Property was previously listed with three different brokerage companies who where unsuccessful in selling the asset
Centrally located industrial sites in vibrant Jingletown of Oakland
High visibility corner with immediate access to Interstate 880 and Alameda using the Park Street Bridge
Three vacant industrial buildings totaling ±30,130 square-feet situated on a 1.15-acre parcel with off-street parking
D-CE-3 zoning provides a wide array of permitted uses such as light industrial, residential, live/work, work/live, retail, etc.
Building two is newer construction built in 2009
Ten minutes to the Oakland International Airport and forty minutes to the San Francisco International Airport
23rd Avenue bus stop is half a block in front of property and Fruitvale Bart Stop is a short distance away, offering access to San Francisco