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Investment Highlights

  • Rare industrial investment opportunity
  • Quasi-retail uses allowed

Executive Summary

FOR SALE OR FOR LEASE: THREE CONTIGUOUS INDUSTRIAL CONDOS OWNER-USER OPPORTUNITIES ±6,068 SF, ±6,832 SF (±12,900 SF Combined), and ±15,641 SF • Rare Industrial Investment Opportunities • Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including Quasi-Retail (See Attached List of Permitted Uses) • Excellent Exposure • Fully Fire Sprinklered • Warehouse Lighting • Immediate Proximity and Access to Highways 580 & 880 2485 Washington Avenue: • ±6,832 SF • ±18% Office • 12’x12’ Electric Grade Level Door • 200 Amps | 240 Volts | 3 Phase Power (Buyer to Verify) • 12'-14' Clear Height • Lease Rate: $1.30/SF, NNN • Sale Price: $1,906,128 ($279/SF) 2487 Washington Avenue: • ±6,068 SF • ±10% Office • 12’x12’ Grade Level Door • 200 Amps | 240 Volts | 3 Phase Power (Buyer to Verify) • 12'-14' Clear Height • Lease Rate: $1.30/SF, NNN • Sale Price: $1,692,972 ($279/SF) 2483 Washington Avenue: • ±15,641 Square Foot Quasi-Retail Industrial/Showroom Condo (Lease w/Option to Purchase Considered) • ±20% High Image Retail • ±40% Office • ±40% Warehouse • Newly Improved/High Image • End Unit • 12’x12’ Grade Level Door • 400 Amps | 208/120 Volt | 3 Phase Power (Buyer to Verify) • 18' Clear Height in Warehouse • Rare Industrial Investment Opportunity • Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including Quasi-Retail (See Attached List of Permitted Uses) • Excellent Exposure • Fully Fire Sprinklered • Immediate Proximity and Access to Highways 580 & 880 • Sale Price: $3,995,000 ($255/SF) • Lease Rate: $1.30/SF, NNN

3 Units Available

Unit 2483

Unit Size 15,641 SF
Price $3,995,000
Price Per SF $255.42
Condo Use Flex
Sale Type Owner User
Description

  • ±15,641 SF
  • ±20% High Image Retail
  • ±40% Office
  • ±40% Warehouse
  • Newly Improved/High Image
  • End Unit
  • 12’x12’ Grade Level Door
  • 400 Amps | 208/120 Volt | 3 Phase Power (Buyer to Verify)
  • 18' Clear Height in Warehouse
  • Rare Industrial Investment Opportunity
  • Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including
    Quasi-Retail (See Attached List of Permitted Uses)
  • Excellent Exposure
  • Fully Fire Sprinklered
  • Immediate Proximity and Access to Highways 580 & 880
  • Sale Price: $3,995,000 ($255/SF)
    Lease Rate: $1.30/SF, NNN

Sale Notes

For Sale or For Lease - ±15,641 Square Foot Quasi-Retail Industrial/Showroom Condo (Lease w/Option to Purchase Considered)

Unit 2485

Unit Size 6,832 SF
Price $1,906,128
Price Per SF $279.00
Condo Use Industrial
Sale Type Investment or Owner User
Description

FOR SALE OR FOR LEASE: TWO CONTIGUOUS INDUSTRIAL CONDOS
OWNER-USER OPPORTUNITY
±6,068 SF and ±6,832 SF (±12,900 SF Combined)



2485 Washington Avenue:

  • ±6,832 SF
  • ±18% Office
  • 12’x12’ Electric Grade Level Door
  • 200 Amps | 240 Volts | 3 Phase Power (Buyer to Verify)
  • 12'-14' Clear Height
  • Lease Rate: $1.30/SF, NNN
    Sale Price: $1,906,128 ($279/SF)

Sale Notes

HIGHLIGHTS:

  • Rare Industrial Investment Opportunities
  • Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including
    Quasi-Retail (See Attached List of Permitted Uses)
  • Excellent Exposure
  • Fully Fire Sprinklered
  • Warehouse Lighting
    Immediate Proximity and Access to Highways 580 & 880

Unit 2487

Unit Size 6,068 SF
Price $1,692,972
Price Per SF $279.00
Condo Use Industrial
Sale Type Owner User
Description

FOR SALE OR FOR LEASE: TWO CONTIGUOUS INDUSTRIAL CONDOS
OWNER-USER OPPORTUNITY
±6,068 SF and ±6,832 SF (±12,900 SF Combined)



2487 Washington Avenue:

  • ±6,068 SF
  • ±10% Office
  • 12’x12’ Grade Level Door
  • 200 Amps | 240 Volts | 3 Phase Power (Buyer to Verify)
  • 12'-14' Clear Height
  • Lease Rate: $1.30/SF, NNN
    Sale Price: $1,692,972 ($279/SF)

Sale Notes

HIGHLIGHTS:

  • Rare Industrial Investment Opportunities
  • Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including
    Quasi-Retail (See Attached List of Permitted Uses)
  • Excellent Exposure
  • Fully Fire Sprinklered
  • Warehouse Lighting
    Immediate Proximity and Access to Highways 580 & 880

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 45,040 SF
Property Type Flex
Property Subtype
Light Manufacturing
  • Showroom
  • Industrial Service
  • FlexLight Distribution
Building Class C
Floors 1
Typical Floor Size 45,040 SF
Year Built 1948
Lot Size 1.89 AC
Parking Ratio 1.66/1,000 SF
Zoning IP (AU) - Zoning: Industrial Park (IP) Allows For Wide Range of Uses Including Quasi-Retail (See Attached List of Permitted Uses)
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
  • Listing ID: 26909734

  • Date on Market: 5/5/2023

  • Last Updated:

  • Address: 2483-2495 Washington Ave, San Leandro, CA 94577

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