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990 W Grand Ave - Ice House 1,321 SF Office/Retail Condo Unit Offered at $298,000 in Oakland, CA 94607



EXECUTIVE SUMMARY
Introducing the epitome of modern commerce in the heart of Oakland - a brand-new construction commercial storefront on the vibrant Grand Avenue. This sleek and contemporary establishment embodies innovation and urban sophistication, making it the ideal space for businesses looking to thrive in Oakland's dynamic landscape. Key Features: Prime Location: Nestled on the bustling Grand Avenue, this commercial storefront enjoys high visibility and foot traffic, ensuring maximum exposure for your business. State-of-the-Art Design: Crafted with a focus on modern aesthetics, the storefront boasts a cutting-edge design that seamlessly blends with the eclectic atmosphere of Oakland. Large windows allow natural light to flood the space, creating an inviting ambiance. Versatile Spaces: Whether you're launching a boutique, a cafe, or an office, our new construction offers versatile spaces to accommodate your unique business needs. Customize the layout to maximize functionality and create a truly distinctive environment. Accessibility: The location is easily accessible, providing convenience for both customers and employees. Proximity to public transportation and major roadways ensures a steady flow of visitors from diverse backgrounds.
PROPERTY FACTS Under Contract
| Total Building Size | 256,771 SF | Typical Floor Size | 85,590 SF |
| Property Type | Multifamily (Condo) | Year Built | 2020 |
| Property Subtype | Apartment | Lot Size | 3.69 AC |
| Building Class | A | Opportunity Zone |
Yes
|
| Floors | 3 |
| Total Building Size | 256,771 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 85,590 SF |
| Year Built | 2020 |
| Lot Size | 3.69 AC |
| Opportunity Zone |
Yes |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Microwave
- Washer/Dryer
- Kitchen
- Refrigerator
- Oven
- Stainless Steel Appliances
- Walk-In Closets
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Recycling
- Walking/Biking Trails
- Multi Use Room
- Public Transportation
- Smoke Detector
1 UNIT AVAILABLE
Unit 3-C-6
| Unit Size | 1,321 SF | Sale Status | Under Contract |
| Price | $298,000 | Cap Rate | 6.44% |
| Price Per SF | $225.59 | NOI | $19,192.83 |
| Condo Use | Office/Retail | Sale Conditions | Lease Option, Building in Shell Condition |
| Sale Type | Investment or Owner User |
| Unit Size | 1,321 SF |
| Price | $298,000 |
| Price Per SF | $225.59 |
| Condo Use | Office/Retail |
| Sale Type | Investment or Owner User |
| Sale Status | Under Contract |
| Cap Rate | 6.44% |
| NOI | $19,192.83 |
| Sale Conditions | Lease Option, Building in Shell Condition |
DESCRIPTION
Owner financing available for 5 years. Contact Broker,
Newer construction corner unit at Ice House lofts- bring all offers.
SALE NOTES
Potential sale financing bring all offers.
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UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 126 | - | - |
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990 W Grand Ave - Ice House
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