560 14th St - Office FOR SALE


Oakland, CA 94612
$4,000,000 USD
925-464-1912
560 14th St, Oakland, CA for Sale
$4,000,000 USD
Office - FOR SALE
1/6
null | 7% Cap Rate

560 14th St
Oakland, CA 94612


HIGHLIGHTS

  • Flexible opportunity for an Investor or Owner/User to acquire a very well located office building
  • Excellent income with plenty of upside
  • Large usable basement
  • Long term leases on the upper two floors provide excellent long term income
  • Elevator & HVAC
  • Steps away from City Hall, State and Federal offices

OVERVIEW

Excellent Investment or Owner/User Opportunity in the Heart of the CBD - Great As-Is Cap Rate with Exceptional Upside. California Capital & Investment Group is pleased to present this incredible opportunity to acquire a 4 story office building with large usable basement located just steps away from City Hall in the Heart of Oakland’s Central Business District. The property is approximately 65% leased to long term tenants and presents a buyer with a great cash flow opportunity on existing income in addition to great upside potential. This is also a great opportunity for an Owner/User that wants to utilize the vacant space for its business while collecting great income from the existing tenants. - As-is Cap Rate: 7% - Current Vacancy: 35% - +/- 7,000 SF immediately available for an owner/user.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

C55, Oakland

APN/PARCEL ID

003-0069-015-00

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.