253 4th St - Flex FOR SALE


Oakland, CA 94607
$6,000,000 USD
925-464-1912
253 4th St, Oakland, CA for Sale
$6,000,000 USD
Flex - FOR SALE
1/15
null | Request Cap Rate

NEW


253 4th St
Oakland, CA 94607


HIGHLIGHTS

  • Three story commercial building with mezzanine.
  • Excellent corner location in Historic Jack London Square.
  • Many suites have beautiful exposed brick and hardwood floors.
  • Suites have large windows which provide abundant natural light and amazing views.
  • Zoning provides great flexibility for the property including potential conversion to a mixed use residential property.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$6,000,000 USD

PRICE/SF

$267 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Creative Loft Style Commercial Building

PROPERTY TYPE

Flex

ADD'L SUBTYPES

Storefront Retail/Office, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

2

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18

LAND SF

7,663

ZONING

D-DT-C

APN/PARCEL ID

001-0153-015-00

ASK ABOUT THIS PROPERTY

Michael McGuireCalifornia Capital & Investment GroupMore Info
925-464-1912

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Michael McGuireCalifornia Capital & Investment GroupMore Info
925-464-1912

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.