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524-530 8th St
Oakland, CA 94607
**OLD OAKLAND | EXCELLENT IN-PLACE INCOME** · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,800 SF
Building Class
C
Year Built
1907
Tenancy
Single
Building Height
3 Stories
Building FAR
0.79
Lot Size
0.11 AC
Zoning
CBD-P - Central Business District
Frontage
50’ on 8th St

ABOUT 524-530 8TH ST , OAKLAND, CA 94607

The Mitchell Warren Team is pleased to present 524-530 8th Street, a 14,098 SF mixed-use building located in the thriving Old Oakland district. The property consists of two (2) large fully leased ground-floor commercial spaces and thirty-nine (39) residential micro-units, ten (10) of which have an en-suite bathroom and kitchenette. The commercial spaces are occupied by two local restaurateurs, further expressing Oakland’s vibrant community. On the second and third floor, the residential tenants enjoy the convenience of two (2) large commercial kitchens and three (3) updated common-area restrooms. In addition, the property offers a new historically accurate facade and significant interior upgrades, making this truly a turn-key asset. This building provides a rare opportunity to acquire a stabilized asset in an A+ Oakland location. 524-530 8th St is located in the heart of historic Old Oakland a thriving shopping and dining district with a growing list of restaurants, cafés, bars, shops, and galleries. This attractive location is ideal for tenants commuting to all points of the Bay Area due to its central location right off the 880 freeway. Commuters utilizing public transportation will see the benefit of living a short walk to 12th Street BART and bus station (the major transportation hub of downtown). Because of this property's appealing location, it will continue to demand premium tenants and maintain a very low vacancy rate.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
001-0203-009-00
Land Assessment
$649,452
Improvements Assessment
$3,842,591
Total Assessment
$4,492,043
  • Listing ID: 17315265

  • Date on Market: 9/27/2019

  • Last Updated:

  • Address: 524-530 8th St, Oakland, CA 94607

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