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I-80 & Powell Redevelopment 5800 Christie Ave

16,000 SF Retail Building Emeryville, CA 94608 £7,061,550 (£441/SF)

Investment Highlights

  • The property is located in the ideal area for a vertical development due to the Transit Hubs (TH) Overlay and the Mixed Use with Residential (MUR)
  • There are numerous vertical developments at various stages nearby
  • SBA Financing is available for owner users
  • The owner will consider quick close offers at a reasonable discount with shorter due diligence periods and closing time frames
  • Emeryville has been the preferred destination for retailers and life science projects over neighboring Oakland

Executive Summary

The subject property is a high-profile redevelopment/owner-user opportunity in a central Emeryville location, one block from I-80, AmTrak, and The Public Market. Flexible zoning allows for mixed-use, multi-residential, assisted living, office, hotel, retail, cannabis sales, and more. The existing 16,000 SF building has major visibility at a signalized intersection 2.3 miles from the Bay Bridge toll plaza.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,000 SF
Building Class
C
Year Built
1968
Price
£7,061,550
Price Per SF
£441
Tenancy
Single
Number of Floors
1
Building FAR
0.46
Land Acres
0.79 AC
Zoning
M-U - Mixed-use Zoning
Parking
33 Spaces (2.06 Spaces per 1,000 SF Leased)
Walk Score ®
Very Walkable (88)
Bike Score ®
Biker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Bank of Montreal
Chase
Trader Joe's
Black Bear Diner
Luther Burbank Savings
Denny's
Corepower Yoga
Peet's Coffee
Shake Shack

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
049-1493-007-04
Land Assessment
£769,031
Improvements Assessment
£3,689,121
Total Assessment
£4,458,151
  • Listing ID: 33447673

  • Date on Market: 13/06/2024

  • Last Updated:

  • Address: 5800 Christie Ave, Emeryville, CA 94608

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