3451 International Blvd - Office FOR SALE


Oakland, CA 94601- Jingletown
$2,950,000 USD
925-915-0931
3451 International Blvd, Oakland, CA for Sale
$2,950,000 USD
Office - FOR SALE
1/1
null | Request Cap Rate

3451 International Blvd
Oakland, CA 94601
Jingletown


HIGHLIGHTS

  • High-traffic shopping area in the Fruitvale District
  • Excellent value-add opportunity by leasing newly built units and new fenced & gated parking spaces or developing the parking lot into commercial or mi
  • Easy access to BART, other transit options, and complementary businesses nearby
  • Opportunity Zone

OVERVIEW

This solid building originally served as a bank but has been a multi-tenant retail building for over 30 years, with a pawn shop occupying the 2nd floor. The building owner, who also owned the pawn shop, has since retired and now leases half of the 2nd floor to a new pawn shop. The other half of the 2nd floor has been transformed into 7 new office/retail suites, accessible by an ADA lift. On the 1st floor, Unit A is occupied by a long-standing check cashing/money transfer company. The former pawn shop owner is leasing back the bank vault, and 3 tenants occupy 5 suites in Unit C. Of the 16 parking spaces, 13 are now being leased separately, with only 3 included with suite leases. This building offers significant value-add opportunities, including multi-family, commercial, or mixed-use development of the parking lot.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

-

APN/PARCEL ID

033-2196-007-01

ASK ABOUT THIS PROPERTY

Michael SantillanIntero CommercialMore Info
925-915-0931

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Michael SantillanIntero CommercialMore Info
925-915-0931

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