705 37th St 4,700 SF Industrial Building Oakland, CA 94609 $795,000 ($169.15/SF) 9% Cap Rate

Conveniently located the oversized roll-up door swings open to a cavernous interior ready for high-volume distribution, bulk storage, light manufacturing, or last-mile logistics. Priced to Sell. Priced to Sell at $171.00 a SF Industrial Warehouse | Owner-User or Investment | Delivered Vacant. This is the one operators and investors have been waiting for! Currently a finish operation for laundry and making over 100k gross - seller is willing to transfer business to new owner.
705 37th Street is a 4,644 SF industrial warehouse in Oakland's established 37th Street corridor, delivered fully vacant and priced below $200 per square foot a number that is genuinely hard to find for a building of this quality and infrastructure. Whether you are an owner-user looking to occupy immediately or an investor positioning for lease-up, the fundamentals here are exceptional.
The building's mechanical infrastructure sets it apart. Built out and operated as a commercial laundry facility wet processing, not dry cleaning, with zero dry cleaning chemicals or environmental liability the property carries 400-amp, 240 3-phase electrical service, 2.5-inch plumbing throughout, and excellent drainage already in place.
Ideal for "last mile" operations or for laundry, car wash, food processing, manufacturing, brewing, or any wet-use industrial operation, this is a plug-and-play opportunity that would cost hundreds of thousands of dollars to replicate from a vanilla shell. Currently the use is a laundry finish operation with all the requisite finishing equipment!
Beyond the heavy infrastructure, the building is fully functional and ready to occupy. Additional office space provides administrative support, and two bathrooms serve the floor. The layout supports efficient operations from day one with no tenant improvement budget required.
Delivered totally vacant, the new owner sets the terms occupy it, lease it, or reposition it for the highest and best use the market will support. At below $200 per square foot, the basis is protected before you sign the papers.