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2534 Magnolia St 11,359 SF Vacant Industrial Building Oakland, CA 94607 $2,480,000 ($218.33/SF)
EXECUTIVE SUMMARY
FUNCTIONAL MULTI-UNIT INDUSTRIAL PROPERTY IN CONVENIENT WEST OAKLAND LOCATION
- Unit A (+/- 4,503 SF) is leased month-to-month, Unit B (+/- 3,598 SF) is leased month-to-month, and Unit C (+/- 3,258 SF) is vacant.
- Ample warehouse area within the individual units.
- 400amp 3-Phase Power
- Two (2) common area restrooms
- Major property renovations performed in 1996
- The roof was re-coated in 2023 and comes with a 20-year transferable warranty
- Easy access to I-80/I-580 and the Bay Bridge
- Located in a Qualified Opportunity Zone
- Property located within Oakland’s permitted Cannabis Cultivation Zone (buyers to confirm)
- Unit A (+/- 4,503 SF) is leased month-to-month, Unit B (+/- 3,598 SF) is leased month-to-month, and Unit C (+/- 3,258 SF) is vacant.
- Ample warehouse area within the individual units.
- 400amp 3-Phase Power
- Two (2) common area restrooms
- Major property renovations performed in 1996
- The roof was re-coated in 2023 and comes with a 20-year transferable warranty
- Easy access to I-80/I-580 and the Bay Bridge
- Located in a Qualified Opportunity Zone
- Property located within Oakland’s permitted Cannabis Cultivation Zone (buyers to confirm)
PROPERTY FACTS
UTILITIES
- Water - City
- Sewer - City
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Walk Score®
Very Walkable (88)
Bike Score®
Biker's Paradise (91)
PROPERTY TAXES
| Parcel Number | 005-0437-018-00 | Improvements Assessment | $606,492 |
| Land Assessment | $178,986 | Total Assessment | $785,478 |
PROPERTY TAXES
Parcel Number
005-0437-018-00
Land Assessment
$178,986
Improvements Assessment
$606,492
Total Assessment
$785,478
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2534 Magnolia St
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