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Investment Highlights
- Very Large Parking Lot
- Corner Lot
- Excellent Location
Executive Summary
Former bank building with existing drive thru. Very large parking lot with entrance/exits on 3 streets. The building has a large first floor with a completely finished lower level. Two bank vaults are in the building with one on each level. Potential for residential development on floors above ground level, which needs to be retail/commercial. Delivered vacant. Located in the heart of the Webster Street Business District of Alameda. Very close to the freeway system, Oakland International Airport, Oakland and San Francisco.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
8,298 SF
Building Class
C
Year Built
1968
Price
$3,200,000
Price Per SF
$385.64
Tenancy
Single
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.59 AC
Zoning
CC - Commercial Zoning. Residential allowed above first floor
Parking
20 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
88’ on Webster
Amenities
- Drive Thru
Fairly walkable
50/100
Very drivable
80/100
Good public transit
70/100
Very bikeable
80/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 073-0423-001-03 | Improvements Assessment | $1,404,540 |
| Land Assessment | $1,196,460 | Total Assessment | $2,601,000 |
Property Taxes
Parcel Number
073-0423-001-03
Land Assessment
$1,196,460
Improvements Assessment
$1,404,540
Total Assessment
$2,601,000
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1414 Webster St
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