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1211 7th St 960 SF Retail Building Oakland, CA 94607 $895,000 ($932.29/SF)
Investment Highlights
- Potential Residential Development Site
- Near the Freeway System
- High Vehicle Traffic Area
- Corner Location
- Rectangular Shaped Lot
Executive Summary
Outstanding redevelopment or owner-user opportunity in West Oakland! Situated on a highly visible 9,000-square-foot corner parcel, this former gasoline service station offers exceptional street presence with three curb cuts, generous on-site parking, and excellent exposure along a high-traffic corridor. The approximately 960-square-foot building includes a small office, garage/work area, and restroom. While the improvements require renovation and updating, the property presents an exciting opportunity for investors, developers, or owner-users looking to reposition a well-located commercial site. The property was previously operated as a gasoline service station. A case closure letter from the San Francisco Bay Regional Water Quality Control Board regarding the property’s environmental remediation is available for buyer review. Conveniently located with excellent accessibility and visibility, this unique corner property is well positioned for a variety of potential commercial uses, subject to buyer verification of zoning, permits, and intended use with the appropriate governmental agencies.
Property Facts
Sale Type
Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
960 SF
Building Class
C
Year Built
1961
Price
$895,000
Price Per SF
$932.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
6 Spaces (6.25 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
Fairly walkable
40/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
70/100
Nearby Major Retailers
City National Bank
Property Taxes
| Parcel Number | 004-0043-003-00 | Improvements Assessment | $17,652 |
| Land Assessment | $55,165 | Total Assessment | $72,817 |
Property Taxes
Parcel Number
004-0043-003-00
Land Assessment
$55,165
Improvements Assessment
$17,652
Total Assessment
$72,817
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1211 7th St
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