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8399 Edgewater Dr 16,545 SF Industrial Building Oakland, CA 94621 $7,398,376 CAD ($447.17 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Highly improved industrial warehouse with flex office space.
  • Located at high traffic signalized intersection with 40k vehicles per day on Hegenberger.
  • Huge fenced and paved yard with multiple ingress/egress points.
  • Located within a CA Opportunity Zone

EXECUTIVE SUMMARY

This 16,545 SF flex/light manufacturing building sits on a 1.58-acre parcel in Oakland’s industrial zone. Built in 1966 with significant updates in 2019, the property is zoned D-CO-5, allowing for a variety of industrial and commercial uses and is also located within both an opportunity zone offering further incentives a well as the Oakland Cannabis Facilities Permitted Zoning. The site offers 80+ parking spaces in a large gated yard. Positioned in a well-connected industrial corridor, this property is ideal for businesses seeking flexible space in a strategic location. The Port of Oakland, located about 7.2 miles from the subject property, is the major seaport located next to Oakland International Airport (OAK) in Oakland, California. It is one of the busiest container ports on the U.S. West Coast and serves as a key gateway for international trade, particularly for shipments to and from Asia. The port consists of several marine terminals and is a vital hub for cargo handling and logistics operations in the San Francisco Bay Area. Oakland International Airport is approx. 1.3 miles away, offering convenient access for air freight and travel.

PROPERTY FACTS

Price $7,398,376 CAD
Price Per SF $447.17 CAD
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • Showroom
  • Industrial Service
  • FlexLight Distribution
Building Class B
Lot Size 1.58 AC
Rentable Building Area 16,545 SF
No. Stories 1
Year Built/Renovated 1966/2019
Tenancy Single
Parking Ratio 4.84/1,000 SF
Clear Ceiling Height 17’
No. Drive In / Grade-Level Doors 2
Opportunity Zone Yes
Zoning D-CO-5 - Appropriate for a wide variety of Office, Commercial, Industrial and Logistics Activities. Also located within a CA Opportunity Zone

AMENITIES

  • 24 Hour Access
  • Conferencing Facility
  • Fenced Lot
  • Security System
  • Signage
  • Yard
  • Accent Lighting
  • Reception
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
042-4425-009-00
Land Assessment
$3,324,855 CAD
Improvements Assessment
$1,828,670 CAD
Total Assessment
$5,153,525 CAD
  • Listing ID: 33304160

  • Date on Market: 2024-09-25

  • Last Updated:

  • Address: 8399 Edgewater Dr, Oakland, CA 94621

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