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2901-2919 Broadway
Oakland, CA 94611
Mercedes-Benz of Oakland · Retail Property For Sale
Investment Highlights
- Highly visible corner location with dual frontage along Broadway and Webster Street.
- Entitled for 220 residential units and seven-story mixed-use development under community commercial zoning.
- Proximity to UC Berkeley, major medical centers, and Oakland’s innovation district, reinforcing demand from diverse sectors.
- Immediate usability for showroom, retail, or automotive operators with existing infrastructure.
- Strategic connectivity to I-580, Highway 24, BART stations, and Oakland’s transit network for efficient regional access.
- Dense, walkable urban environment surrounded by restaurants, fitness centers, and boutique amenities enhancing work-life appeal.
Executive Summary
Positioned along Oakland’s dynamic Broadway corridor, 2901–2919 Broadway offers investors a rare redevelopment opportunity in an urban market experiencing strong infill growth. The property is entitled under D-BV-3 community commercial zoning for 220 approved residential units within a seven-story mixed-use development, subject to final approvals. Located at a highly visible signalized corner with dual street frontage, the site benefits from its placement in a densely populated submarket that is challenged by housing supply, reinforcing its long-term upside. With a favorable FAR of 2.68 and connectivity to highly walkable amenities, regional highways, and public transit, this location combines accessibility with demand drivers for multifamily and mixed-use projects. Investors can capitalize on strong housing trends near employment hubs, universities, and major medical centers, ensuring sustained market relevance and value growth.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
19,842 SF
Building Class
C
Year Built
1947
Tenancy
Single
Building Height
1 Story
Building FAR
2.68
Lot Size
0.17 AC
Zoning
D-BV-3 - Broadway Valdez District Mixed Use Boulevard Commercial Zone - 3,
Parking
40 Spaces (2.02 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signalized Intersection
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,673,537 | |
| Land Assessment | $5,409,091 | Total Assessment | $9,082,628 |
Property Taxes
Parcel Numbers
Land Assessment
$5,409,091
Improvements Assessment
$3,673,537
Total Assessment
$9,082,628
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