Creative Loft Style Commercial Building | 253 4th St
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Creative Loft Style Commercial Building 253 4th St
22,500 SF 55% Leased Light Industrial Building Oakland, CA 94607 £4,706,460 (£209/SF)
Investment Highlights
- Three story commercial building with mezzanine.
- Many suites have beautiful exposed brick and hardwood floors.
- Zoning provides great flexibility for the property including potential conversion to a mixed use residential property.
- Excellent corner location in Historic Jack London Square.
- Suites have large windows which provide abundant natural light and amazing views.
Executive Summary
California Capital & Investment Group is pleased to present this rare opportunity to acquire a 3-story commercial property ideally located in Oakland’s Historic Jack London Square submarket. The site is located on a highly desirable corner and consists of a +/- 22,500 SF building sitting on a +/- 7,500 SF lot. There are 11 suites with approximately 6 tenants on month-to-month leases. 5 suites are vacant. This property provides a buyer with the ultimate flexibility to rehabilitate the current creative work spaces and lease to tenants or for an owner/user to locate its business at the property. The flexible zoning also makes a conversion to residential an interesting possibility.
Property Facts
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Walk Score ®
Walker's Paradise (97)
Transit Score ®
Excellent Transit (86)
Bike Score ®
Very Bikeable (79)
PROPERTY TAXES
Parcel Number | 001-0153-015-00 | Improvements Assessment | £613,315 |
Land Assessment | £216,464 | Total Assessment | £829,779 |
PROPERTY TAXES
Parcel Number
001-0153-015-00
Land Assessment
£216,464
Improvements Assessment
£613,315
Total Assessment
£829,779
zoning
Zoning Code | D-DT-C (SEE SALE PACKAGE FOR LINK TO CITY'S ZONING INFORMATION.) |
D-DT-C (SEE SALE PACKAGE FOR LINK TO CITY'S ZONING INFORMATION.) |
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Creative Loft Style Commercial Building | 253 4th St
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