Located at the crossroads of one of Oakland's hippest and most dynamic neighborhoods comes a prime development opportunity: currently a vacant commercial building, this fully entitled and engineered 4-story mixed-use building on bustling College Avenue, is just a few blocks from Rockridge BART.
Thoughtfully designed by local architects David Trachtenberg and Diane Mosley with wood frame construction and sheathed in a tile front façade meant to blend in with the surrounding neighborhood, the building has been conceptualized with seven one and two bedroom apartments plus a ground-floor commercial unit. All units have private balconies and elevator access to a rooftop deck on the 5th floor with panoramic views of San Francisco, the Bay, and surrounding hills.
With a WalkScore of 94, the building is located mere steps from the Rockridge Library, near shopping at Market Hall and noshing at A-16, Marica, Belotti's, Hudson Bay Café, and more on hip and happening College Avenue. A biker’s lifestyle is also promoted thanks to bike storage at entry level.
If the project is not right for the next owner, the Existing building is a 6 room structure + bathroom & kitchenette that was previously used as an office. Possible doctor's office or exam room, zoom room type of private work space, or convert to residential.
The property is situated in a commercial zone (zoned CN-1) on what is considered to be one of Oakland’s best retail stroll avenues – a rare opportunity to invest in Oakland’s best residential neighborhood and enjoy solid investment growth.
