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Value Added Retail Investment Property with Residential possibilities in Oakland
Offer Price
$2,250,000
7,107 sq ft
1956
2
Value Added Retail Investment Property with Residential possibilities in Oakland
Property Overview:
Located in the vibrant Fruitvale District of Oakland, this mixed-use asset features approximately 7,107 SF of retail/office space on the ground and second floors, with the ability to add an additional 28 residential units or more and 5 units of retail with a by right infill development of up to 7 stories. The building offers value for owner-users, investors, and developers aiming for multifamily alongside retail operations.
Property Highlights:
- Approximately 7,107 SF of current commercial/retail space on entry and second floors
- Additional 3,200 SF or commercial/retail and four to six floors of residential with 28 or more units (mix of 1/1, 2/1, and 2/2 layouts) can be added where the current parking lot is.
- Ground floor retail space featuring flexible spaces and a large vault/security room that are all fully leased
- ADA-compliant access to the second floor retail/office spaces with a ADA Lift along side the stairway
- Newly renovated second floor retail spaces and ADA compliant bathroom
- Half of the second floor is lease by a retail tenant and the newly built spaces are being leased quickly
- High visibility corner building located at International Boulevard and 35th Avenue
- Retains original architecture with opportunities for redevelopment and infill development
Location & Connectivity:
Situated at the prominent corner of International Boulevard and 35th Avenue in Oakland, the asset benefits from strong visibility and access to local retail corridors. It is positioned along key transit routes, such as the main bus line on International and the Fruitvale BART station two blocks away. It is also near major urban amenities, enhancing tenant and customer connectivity.
Usage:
The asset suits retail operators requiring highly secure environments or owner-users seeking mixed-use opportunities. Investors can capitalize on retail & future residential income from 28+ apartment units while maintaining retail cash flow, benefiting from long-term redevelopment potential in a growing market.
Parking
16
Elevators
Yes
HVAC
No
Security
Yes
Sprinklers
No
Floors
2
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
AiCRE Partners
AiCRE PartnersThis listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.