510-872-9654
578 7th St, Oakland, CA for Sale
Restaurant - FOR SALE
1/30
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578 7th St
Oakland, CA 94607


HIGHLIGHTS

  • Approved for 56 residential units (41 market rate and 15 moderate rate affordable rental)
  • Architect: Stanley Saitowitz - Natoma Architects Inc.
  • Planning Entitlement Expiration: January 31, 2028
  • Proposed Building Square Feet: 32,250
  • Proposed # of Stories: 5-stories
  • Building Permit submitted

OVERVIEW

Entitled development site in downtown’s Old Oakland neighborhood: build this architecturally rich modern 32,250 square foot, five-story building designed by world renowned architect Stanley Saitowitz of Natoma Architects. Plans included for the approved 56 residential units, with an approval extension until January 31, 2028. Another option: remodel this former restaurant and market space back into a gourmet eatery in the heart of the City. Desirable Old Oakland offers thriving community businesses, top-rated restaurants, and easy access to the rest of the East Bay, San Francisco, and beyond. Minutes to Jack London Square, Lake Merritt, Downtown, Laney College and both State and Federal Buildings. Accessible to public transit including BART, Ferry, Amtrak, both 880 & 980 freeways, and multiple parking garages and plentiful street parking. This exciting project is nearly shovel-ready and waiting for you to take it over the finish line! Current Building Area: 5,982 square feet of floor area* Lot Area: 7,501 square feet* Year Built: 1923 Zoning: D-DT-CX, S-14, S-13 (Base Height and Intensity Area 8) Existing Use: Commercial restaurant and market space Approved for 56 residential units (41 market rate and 15 moderate rate affordable rental) Proposed Building Square Feet: 32,250 Proposed # of Stories: 5-stories Architect: Stanley Saitowitz - Natoma Architects Inc. Planning Entitlement Expiration: January 31, 2028 Building Permit submitted *Per survey **Buyer to perform due diligence to their satisfaction.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

D-DT-CX, S-14, S-13

APN/PARCEL ID

001-0209-015-00

ASK ABOUT THIS PROPERTY

Michael BradleyKW Commercial Real EstateMore Info
510-872-9654

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Michael BradleyKW Commercial Real EstateMore Info
510-872-9654

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