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Listed by Brian Leung Compass Commercial
$2,499,000
Est. payment /mo
5,820 SqFt
Price Dropped by $201K
1011 7th AVE Oakland, CA 94606
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 5,820 sqft
Price per Sqft $429
MLS Listing ID 425086681
HOA Y/N No
Year Built 1916
Lot Size 8,624 Sqft
Acres 0.198
Property Sub-Type Retail
Property Description
This prominent corner building at 1011 7th Ave is a versatile commercial asset strategically anchored in Oakland's dynamic West/Central commercial corridor. This property offers immediate, powerful value with in-place licenses and improvements for a child-care facility, licensed by the State of California to serve 113 children. The robust infrastructure, including a powerful 400 AMP electrical service and being fully sprinklered, is ready to support ambitious business plans. Positioned for maximum accessibility, this site is mere moments from the Port of Oakland, I-880/I-980, the West Oakland BART station, and is also conveniently near Laney College. This guarantees seamless connectivity for commuters, parents, and students alikea logistical rarity in the competitive Bay Area. The area is experiencing a powerful renaissance, 3,100 multifamily units have been delivered and additional 600 are under construction in nearby Brooklyn Basin. Secure this property now to capitalize on the Oakland's explosive economic momentum.
Location
State CA
County Alameda
Area Oakland Zip 94606
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 019002000702
Nearby Locations
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