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1003 87Th Ave

Oakland, CA 94621
  • $1,000,000
  • STATUS: Active
  • ON SITE: 82 Days
  • ID#: 41039467
$1,000,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1962
County:

School Ratings & Info

Listing Agent(s): Stacy Gilbert of Venture Sotheby's Intl Rlty (925-359-9600) and Kent Hu of ()


Description

Here is a multi tenant light industrial building for sale, located in a mixed commercial residential neighborhood of Highland and Coliseum area of Oakland. Access to I-880, BART station within 1.5 miles and Oakland Int'l airport merely 3.5 miles away. Subject property is zoned Housing and Business Mix-Zone, improved with a 6,400+/- SF building used by multiple tenants. Concrete slab foundation, 14 ft. ceiling height, with restrooms and office build-out, grade level loading doors. Opportunity knocks since the zoning permits a wide range of residential, retail and light industrial uses. This site provides great potential opportunity and Oakland has strong demand for small industrial buildings in the area.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
www.nelsonteamrealestate.com/homes/143493475
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1003 87Th Ave Oakland, CA 94621

  • Price: $1,000,000
  • Status: Active
  • On Site: 82 Days
  • ID#: 41039467
0
Beds
0
Baths
0
½ Baths
0.15
Acres
1962
Built
County:
Alameda
Property Description
Here is a multi tenant light industrial building for sale, located in a mixed commercial residential neighborhood of Highland and Coliseum area of Oakland. Access to I-880, BART station within 1.5 miles and Oakland Int'l airport merely 3.5 miles away. Subject property is zoned Housing and Business Mix-Zone, improved with a 6,400+/- SF building used by multiple tenants. Concrete slab foundation, 14 ft. ceiling height, with restrooms and office build-out, grade level loading doors. Opportunity knocks since the zoning permits a wide range of residential, retail and light industrial uses. This site provides great potential opportunity and Oakland has strong demand for small industrial buildings in the area.
Exterior Features

Construction Materials Concrete Parking Total 0

Property Features

Cap Rate 3.55 Listing Service Full Service Net Operating Income 35513 Operating Expense 8247 Tax Annual Amount 0 Zoning Hbx



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-10T00:27:15.49. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Nelson Team | American Home Realty. Licensed in the State of California, USA.
 
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The Nelson Team | American Home Realty
10 Via Del Tesoro
San Clemente CA, 92673
Listing Agent(s): Stacy Gilbert of Venture Sotheby's Intl Rlty (925-359-9600) and Kent Hu of ()