3356-3378 Piedmont Ave - Freestanding FOR SALE


Oakland, CA 94611- Westlake
$3,385,000 USD
925-627-2888
3356-3378 Piedmont Ave, Oakland, CA for Sale
$3,385,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

3356-3378 Piedmont Ave
Oakland, CA 94611
Westlake


HIGHLIGHTS

  • Walking distance to Oakland’s premier shopping /retail streets, Broadway and Piedmont Ave
  • In-between the Kaiser Permanente Oakland Medical Center complex and the Alta Bates Summitt Medical Center complex
  • One mile walk to 19th St Oakland BART station
  • Rare corner building on Piedmont Ave with a large parking lot
  • PLEASE DO NOT DISTURB TENANT

OVERVIEW

Cushman & Wakefield, as exclusive agent, is pleased to present 3356-3378 Piedmont Ave, Oakland, California, a rare ± 6,240 RSF corner stand-alone building with a large, secure, surface parking lot (set on 2 parcels, totaling +/-16,740 SF of land) located at the confluence of Oakland’s premiere shopping/retail streets, Broadway and Piedmont Avenue. This Building is ideal for a owner-user that needs secure, dedicated parking and excellent identity/visibility/signage, or for a merchant builder with a tenant in-tow that wants to be nestled in-between the Kaiser Permanente Oakland Medical Center complex and the Alta Bates Summit Medical Center complex. This site also represents a significant covered land play/re-development opportunity given the property produces income and has a lease in place that can be terminated by the Landlord with prior notice. With a height limit of 45 feet, this site could accommodate a mid-size mixed use development, with potential for density and height bonuses, depending upon a multitude of factors. PLEASE DO NOT DISTURB TENANT

FOR SALE DETAILS

PRICE

$3,385,000 USD

PRICE/SF

$542 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,890 SF

ZONING

D-BV-3

APN/PARCEL ID

009-0731-016-02,009-0731-021-00

ASK ABOUT THIS PROPERTY

Chris BakerCushman & WakefieldMore Info
925-627-2888

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Chris BakerCushman & WakefieldMore Info
925-627-2888

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