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Investment Highlights

  • Existing restaurant infrastructure in-place with Type 1 &2 hoods, grease trap, floor drains, etc.
  • Ideal Owner-user or Investment Opportunity with a Large Corner Lot with 40+ Parking Spaces.
  • 5 min to Downtown Oakland and 5 min walk to West Oakland BART.
  • Ample power distributed across the entire property.
  • Adjacent to Port of Oakland, Jack London Square & AC Transit.
  • Immediate Access to I-580, I-880, and I-980.

Executive Summary

1155 3rd Street offers a rare opportunity to purchase an attractive, stand-alone ±20,000 SF commercial building located on a ±35,956 SF corner lot with 35-40 parking spaces along with EV charging stations. Ideal for OwnerUsers, 1155 3rd Street’s Flexible zoning allows for a wide range of uses at the Property, for example office, retail, PDR, medical and industrial. 1155 3rd Street offers a strong West Oakland central location adjacent to the Port of Oakland, only a 5-minute drive to Downtown Oakland and a 5-minute walk to the West Oakland BART Station.

Property Facts

Sale Type
Owner User
Property Type
Office
Building Size
20,000 SF
Building Class
B
Year Built
1942
Price
$4,778,015 CAD
Price Per SF
$238.90 CAD
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
11’
Building FAR
0.68
Lot Size
0.68 AC
Zoning
CIX-1B, T - Flexible - office, retail, PDR, medical and industrial.
Parking
40 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Metro/Subway
  • Security System
  • Signage
  • Car Charging Station
  • Natural Light

Space Availability

  • Space
  • Size
  • Space Use
  • Build-Out
  • Available
  • 1st Floor
  • 10,000 SF
  • Office/Retail
  • Partial Build-Out
  • Now

±10,000 SF on ground floor, hard corner, stand-alone building. Existing kitchen infrastructure with type 1 hood and private bar area. Permitted for restaurant, bar, catering, etc. Beautiful recently remodeled showroom (previously used as a dispensary) Ample parking with 1.75/1000 Solar power. Back door to an alley included.

Space Size Space Use Build-Out Available
1st Floor 10,000 SF Office/Retail Partial Build-Out Now

1st Floor

Size
10,000 SF
Space Use
Office/Retail
Build-Out
Partial Build-Out
Available
Now

1st Floor

Size 10,000 SF
Space Use Office/Retail
Build-Out Partial Build-Out
Available Now

±10,000 SF on ground floor, hard corner, stand-alone building. Existing kitchen infrastructure with type 1 hood and private bar area. Permitted for restaurant, bar, catering, etc. Beautiful recently remodeled showroom (previously used as a dispensary) Ample parking with 1.75/1000 Solar power. Back door to an alley included.

Moderately walkable
60/100
Exceptionally drivable
90/100
Strong public transit
80/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
004-0025-010-00
Land Assessment
$746,972 CAD
Improvements Assessment
$1,107,178 CAD
Total Assessment
$1,854,150 CAD
  • Listing ID: 32769907

  • Date on Market: 2024-08-12

  • Last Updated:

  • Address: 1155 3rd St, Oakland, CA 94607

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