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Investment Highlights

  • Units A and C (8,101 RSF) are vacant and combinable for an owner/user. Unit B (3,598 RSF) is leased month-to-month.
  • Virtual Tour Available
  • 400amp 3-Phase Power (buyer to verify)

Executive Summary

Functional multi-unit industrial property in a convenient West Oakland location featuring three units, with Units A and C (8,101 RSF) currently vacant and combinable for an owner/user opportunity, while Unit B (3,598 RSF) is leased on a month-to-month basis. The property offers ample warehouse space within each unit, 400-amp, 3-phase power (buyer to verify), and two common-area restrooms. Major renovations were completed in 1996, and the roof was re-coated in 2023 with a 20-year transferable warranty. Ideally situated with easy access to I-80, I-580, and the Bay Bridge, the property is also located within a Qualified Opportunity Zone, making it an excellent opportunity for both owner-users and investors.”

Property Facts

Price $3,197,472 CAD
Price Per SF $281.49 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Flex Light Manufacturing
  • Industrial Distribution
  • FlexLight Distribution
Building Class C
Lot Size 0.27 AC
Rentable Building Area 11,359 SF
No. Stories 1
Year Built 1910
No. Drive In / Grade-Level Doors 4
Opportunity Zone Yes
Zoning M-20

Utilities

  • Water - City
  • Sewer - City
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Number
005-0437-018-00
Land Assessment
$253,530 CAD
Improvements Assessment
$859,084 CAD
Total Assessment
$1,112,614 CAD
  • Listing ID: 37387278

  • Date on Market: 2025-08-22

  • Last Updated:

  • Address: 2534 Magnolia St, Oakland, CA 94607

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