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INVESTMENT HIGHLIGHTS
- In The Heart of Downtown Oakland.
- Opportunity For Office or Retail Users.
- Office Improvement Work or Residential Conversion. Ground Floor Conversion Into Three (3) Separate Retail Units.
- Strong Demographics - 156,677 Residents w/ Average Household Incomes of $118,457 Within a 2-Mile Radius.
EXECUTIVE SUMMARY
Touchstone Commercial Partners is pleased to offer owner/users and investors an opportunity to purchase the fee simple interest at 319-327 14th Street, Oakland, CA 94612.
The approximately 6,000 square feet, two-story building, sits on approximately 3,000 square feet of land. Located in the heart of downtown Oakland, this is a unique and rare opportunity to purchase a building in downtown Oakland on a street scheduled for city improvements: landscaping, extra parking spaces, bike lanes, and other pedestrian friendly improvements.
The property can be delivered partially vacant at the close of escrow, making this a perfect opportunity for an owner user. The ground floor can be divided into three individual retail units making it a perfect building for value-add investors to purchase this one-of-a-kind property.
The approximately 6,000 square feet, two-story building, sits on approximately 3,000 square feet of land. Located in the heart of downtown Oakland, this is a unique and rare opportunity to purchase a building in downtown Oakland on a street scheduled for city improvements: landscaping, extra parking spaces, bike lanes, and other pedestrian friendly improvements.
The property can be delivered partially vacant at the close of escrow, making this a perfect opportunity for an owner user. The ground floor can be divided into three individual retail units making it a perfect building for value-add investors to purchase this one-of-a-kind property.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
2000
Price
$1,400,000
Price Per SF
$200
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.80
Lot Size
0.06 AC
Zoning
D-DT-P - D-DT Downtown District Zones, designed to enhance the downtown area for pedestrian-oriented and active ground-floor uses.
Frontage
109’ on 14th St
AMENITIES
- Signalized Intersection
Walk Score®
Walker's Paradise (100)
Transit Score®
Excellent Transit (89)
Bike Score®
Biker's Paradise (90)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 002-0065-004-00 | Improvements Assessment | $87,546 |
| Land Assessment | $51,794 | Total Assessment | $139,340 |
PROPERTY TAXES
Parcel Number
002-0065-004-00
Land Assessment
$51,794
Improvements Assessment
$87,546
Total Assessment
$139,340
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319-327 14th St
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