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- LoopNet Team
1255 Powell St
Emeryville, CA 94608
The Watertower Building · Office Property For Sale
INVESTMENT HIGHLIGHTS
- High identity watertower landmark
- Gated off-street parking
- Natural light throughout
- Additional income through cell tower
- 22 private offices and 2 conference rooms
- Close proximity to shopping centers at the Public Market, Powell Street Plaza, and Bay Street, Amtrack, and MacArthur BART
PROPERTY FACTS
ABOUT 1255 POWELL ST , EMERYVILLE, CA 94608
The Watertower Building is a 10,012 sq.ft. office building on a 25,700 sq.ft. lot in highly coveted, low-turnover Emeryville, adjacent to Berkeley, in San Francisco’s East Bay. It is located on Powell Street, the main arterial connecting I-80/580 and San Pablo Avenue in the heart of Emeryville. The building is also easily accessible from the MacArthur BART station. The Watertower Building was completely remodeled and seismically upgraded in 2009. The property was then brought up to Title 24 Standards (energy/water conservation and green design), with exacting consideration for functionality and a pleasant work environment. This is a build-out that must be seen to be truly appreciated. The building features a high identity, brand-able watertower which is visible from miles away, as well as an interior/exterior Koi pond and native-plant landscaping that creates a park-like ambiance. Since its remodel, the building housed a large law firm whose partnership/ownership are retiring and therefore electing to sell this asset, with the option of seller financing.
PROPERTY TAXES
| Parcel Number | 049-1315-001-00 | Improvements Assessment | $3,355,502 |
| Land Assessment | $2,706,050 | Total Assessment | $6,061,552 |
PROPERTY TAXES
