Sale Summary
California Capital & investment Group is pleased to present this two-story office building with parking in the vibrant Temescal neighborhood of North Oakland. This property is ideal for an owner/user that wants to purchase a property for its business, or an investor that wants to lease and collect rental income. The 2nd floor of the building is occupied on a month to month basis by a publishing company. The ground floor is eased with approximately three years remaining, by an acupuncture and Chinese medicine healing clinic with subleases to an integrative chiropractic & orthopedic rehabilitation business and other subtenants. The property also has approximately 5-7 parking spaces.
Key Facts
- PRICE REDUCED BELOW $250/SF - Ideal for an Owner/User or Investor
- Beautiful new deck
- Surrounded by a plethora of bars, restaurants, cafes, and other amenities.
- Five to Seven Private Parking Spaces
- Located in the desireable Temescal Neighborhood in Oakland, CA
- Very close to major arterial thoroughfares including MacArthur Blvd, Broadway, College Ave, Piedmont Ave, and 40th St. Close to I-580, I- 80, Hwy 24,
- Skylights
- Significant potential upside in income by increasing rents to fair market value.
- Rare opportunity for an owner/user or investor
- Two-Story Walkup
- Operable windows throughout the premises provide great natural light. Some of the windows have been updated
- Wood Frame construction with wood, stucco and brick exterior
- Concrete foundation/floor
- Roof: Single-ply roof with sheet metal flashings
- Seismic work completed at building in 1995
