322 Broadway
Oakland, CA 94607
Retail Property For Sale

322 Broadway is approximately 11,527 square feet and is constructed of stucco brick and timber building with steel beams and a concrete pillar interior. The structure dates back to the 1860s, which ranks it as one of Oakland's first brick buildings and places it in a significant position within the historic Buswell Block. The subject property has a vast array of potential uses and concepts that could be realized. There is potential for an owner/user for retail and office space in an increasingly popular office based area. An investor could also renovate the asset and access the large pool of prospective office and retail tenants looking in the highly desirable Jack London market. There is incredible flexibility with partitioning of the units, with 100 feet of frontage on Broadway and 60 feet of frontage on 4th Street, allowing many configurations to accommodate most tenants. Separate points of entry and access to the second floor provide additional options. Another option with C-45/S-4 zoning is to build up to 20 apartment residential units, or 30 units with a conditional use permit (Buyer to inquire with the City of Oakland). 322 Broadway is located in immediate proximity to Jack London Square with all of the abundant amenities that provides. The square is rich in eateries and entertainment with the main attraction being Plank, a recently completed $200 million project for entertainment and food amongst a vast amount of dining options. In addition, Jack London Square and downtown Oakland provide excellent transportation options in BART, Amtrak and the ferry to San Francisco, resulting in a large influx of people on a daily basis. Beyond the immediate amenities, there is a large amount of retail, residential and hotel development within the vicinity. Immediate hospitality provides 350 Rooms and the 4th Street East and Jack London tower (CIM Group) developments will add 330 and 465 residential units, respectively. There is a strong investment being made in the area that indicates more upward movement in an area that is already significantly on the rise.