347 E. 18th St - Commercial LAND FOR SALE


Oakland, CA 94606 10,019 SF
$2,750,000 USD
510-451-7197
347 E. 18th St, Oakland, CA for Sale
$2,750,000 USD
Commercial LAND - FOR SALE
1/4
10,019 SF

347 E. 18th St
Oakland, CA 94606


HIGHLIGHTS

  • Plans are available for a four-story mixed-use 30 unit building walking distance to Lake Merritt and downtown Oakland
  • Property situated in Opportunity Zone offering investment tax benefits
  • Plans call for 3 commercial retail/office units on the ground floor and 27 residential units on the upper floors
  • Corner lot conveniently located near major transportation corridors and public transit

OVERVIEW

SUMMARY: Great opportunity to make this project a reality. The property is just a short walk to Lake Merritt, downtown Oakland, BART and a short commute to San Francisco. With the potential tax benefits from being in an Opportunity Zone, this project offers investment appeal. Along with the 3 ground floor commercial retail/office units, the current plans reflect 24-1 bedroom, 1 bath units and 3-3 bedroom, 2 bath residential units.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/ACRE

$11,956,283/AC

PRICE/SF

$274 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.23 AC

LAND SF

10,019 SF

OFFSITE IMPROVEMENTS

-

ZONING

-

APN/PARCEL ID

021-0223-003-01

ASK ABOUT THIS PROPERTY

Bruce ChambersWestern Management PropertiesMore Info
510-451-7197

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Bruce ChambersWestern Management PropertiesMore Info
510-451-7197

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