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5555-5559 Claremont Ave 4,256 SF Retail Building Oakland, CA 94618 $1,500,000 ($352.44/SF)
INVESTMENT HIGHLIGHTS
- Attractive Seller Financing Available
- Restaurant/Retail Owner User Opportunity
- High Foot Traffic And Vehicle Counts And Convenient To Public Transposition
- High Visibility Location In Prestigious Rockridge Location
- Proximate To The Rockridge BART Station And College Avenue's Renowned Shops And Restaurants
EXECUTIVE SUMMARY
5555 Claremont Avenue presents an excellent investment opportunity in Oakland's prestigious and affluent Rockridge District. This highly visible commercial property offers a total of 4,256 square feet of rentable space, consisting of all retail units. The property is ideally located within walking distance of BART's Rockridge Station, as well as the popular shops and restaurants on College Avenue. Additionally, it's conveniently close to Highway 24, providing easy access to the greater Bay Area. Rockridge has been recognized by Money Magazine as one of the best places to live, and the neighborhood boasts attractions like the prestigious Claremont Country Club. Dreyer's Ice Cream also maintains its international corporate headquarters in this vibrant and picturesque community.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,256 SF
Building Class
C
Year Built
1929
Price
$1,500,000
Price Per SF
$352.44
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.11 AC
Zoning
R-4 - multiple-family residential units
Frontage
AMENITIES
- Signalized Intersection
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 016-1384-004-00 | Improvements Assessment | $1,360,910 |
| Land Assessment | $669,300 | Total Assessment | $2,030,210 |
PROPERTY TAXES
Parcel Number
016-1384-004-00
Land Assessment
$669,300
Improvements Assessment
$1,360,910
Total Assessment
$2,030,210
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5555-5559 Claremont Ave
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