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Creative Loft Style Commercial Building 253 4th St 22,500 SF 100% Leased Flex Building Oakland, CA 94607 $8,375,520 CAD ($372.25 CAD/SF)
INVESTMENT HIGHLIGHTS
- Three story commercial building with mezzanine.
- Many suites have beautiful exposed brick and hardwood floors.
- Zoning provides great flexibility for the property including potential conversion to a mixed use residential property.
- Excellent corner location in Historic Jack London Square.
- Suites have large windows which provide abundant natural light and amazing views.
EXECUTIVE SUMMARY
California Capital & Investment Group is pleased to present this rare opportunity to acquire a 3-story commercial property ideally located in Oakland’s Historic Jack London Square submarket. The site is located on a highly desirable corner and consists of a +/- 22,500 SF building sitting on a +/- 7,500 SF lot. There are 11 suites with approximately 6 tenants on month-to-month leases. 5 suites are vacant. This property provides a buyer with the ultimate flexibility to rehabilitate the current creative work spaces and lease to tenants or for an owner/user to locate its business at the property. The flexible zoning also makes a conversion to residential an interesting possibility.
PROPERTY FACTS
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Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (86)
Bike Score®
Very Bikeable (84)
PROPERTY TAXES
| Parcel Number | 001-0153-015-00 | Improvements Assessment | $1,118,309 CAD |
| Land Assessment | $394,697 CAD | Total Assessment | $1,513,006 CAD |
PROPERTY TAXES
Parcel Number
001-0153-015-00
Land Assessment
$394,697 CAD
Improvements Assessment
$1,118,309 CAD
Total Assessment
$1,513,006 CAD
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Creative Loft Style Commercial Building | 253 4th St
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