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550 E 12th St
Oakland, CA 94606
Retail Property For Sale
Investment Highlights
- Heavy Day Time Foot Traffic
- Future Development
Executive Summary
Prime freestanding commercial property located on a high-visibility corner in Oakland's Eastlake neighborhood. Zoned CN-3, the property offers flexible commercial use opportunities, making it ideal for an owner-user, investor, or future redevelopment (buyer to verify with local city authorities). Conveniently located near Downtown Oakland, Lake Merritt, I-880, and the Brooklyn Basin development, this property offers excellent long-term upside in one of the Bay Area's growing commercial markets.
(Do not disturb current tenant)
(Do not disturb current tenant)
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
3,856 SF
Building Class
C
Year Built
1930
Price
$1,500,000
Price Per SF
$389.00
Tenancy
Single
Building Height
1 Story
Building FAR
0.38
Lot Size
0.23 AC
Opportunity Zone
Yes
Zoning
CN-3 - CN-3 Commercial Zoning = Endless Possibilities
Parking
6 Spaces (1.56 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Property Taxes
| Parcel Number | 020-0124-008-00 | Improvements Assessment | $336,775 |
| Land Assessment | $122,020 | Total Assessment | $458,795 |
Property Taxes
Parcel Number
020-0124-008-00
Land Assessment
$122,020
Improvements Assessment
$336,775
Total Assessment
$458,795
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