2634-2648 International Blvd - Medical FOR SALE


Oakland, CA 94601- San Antonio
$6,950,000 USD
707-363-2463
2634-2648 International Blvd, Oakland, CA for Sale
$6,950,000 USD
Medical - FOR SALE
1/16
null | 10.53% Cap Rate

2634-2648 International Blvd
Oakland, CA 94601
San Antonio


HIGHLIGHTS

  • 50,008 SF Office Building located on International Boulevard in Oakland's Fruitvale District
  • Maintained an average occupancy of 93% over the past five years, including through the COVID-19 pandemic.
  • 30 suites ranging from 200-12,000 SF with over 90 dedicated parking spaces
  • Approximately 1.15-acre parcel offering long-term development potential.
  • Anchored by a Dialysis Center (lease through 2032), with dental providers and professional office users.
  • Convenient access to the Fruitvale Bart Station, public transportation, and the I-580/I-880 freeways

OVERVIEW

The Mitchell Warren Team is pleased to present the Fruitvale Gateway Building, a ±50,008 square foot office property prominently located on International Boulevard in the heart of Oakland’s vibrant Fruitvale District. Positioned on a high-visibility corner parcel totaling approximately 1.15 acres, the property consists of two buildings: the Tower Building (built in 1942) and the Annex Building (built in 1972). Together, they offer approximately 30 suites ranging from 200 to 12,000 square feet, along with more than 90 on-site parking spaces. The property has maintained an impressive 94% average occupancy over the past five years—including through the COVID-19 pandemic—demonstrating its resilience and consistent tenant demand. The diverse tenant roster includes an anchor Dialysis Center with a lease through 2032, dental providers, and a variety of professional office users. Its strategic location near major transit lines and walkable amenities continues to attract tenants seeking well-located, high-quality space. In addition to its stable in-place cash flow, the large parcel offers significant long-term development potential, making this a compelling opportunity for investors or owner-users looking to grow in one of Oakland’s most dynamic and enduring commercial submarkets.

FOR SALE DETAILS

PRICE

$6,950,000 USD

PRICE/SF

$139 USD /SF

CAP RATE

10.53%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

HUGE Price Cut | 10.53% IN-PLACE CAP RATE

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Loft/Creative Space, Telecom Hotel/Data Hosting, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

8

BUILDING CLASS

C

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.15 AC

LAND SF

50,094 SF

ZONING

C2

APN/PARCEL ID

025-0710-037-00

ASK ABOUT THIS PROPERTY

Timothy WarrenNAI GlobalMore Info
707-363-2463

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Timothy WarrenNAI GlobalMore Info
707-363-2463

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