2866 Webster Street
Oakland, CA 94609

 
Sold
Baths:2 Half
Type:Commercial
MLS:40801222

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Contact Information:

Chih Wu License# 01443410
510.213.1346 (Chih)
  

 

 

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NEW THINGS ARE HAPPENING ON AUTO ROW

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Price/SF: $256.3; Building Size: +/- 3894 per public record;Lot Size: +/- 2366 per public record

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Year Built: 1930; APN: 009 -0686-001-02; Zoning Commercial General (D-BV-4)

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Zoning (D-BV-4) allows widest range of commercial & residential uses on the ground & upper floor

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Near 19th St & MacArthur Bart Station; Near I-580, I- 980 & I-24 & Lake Merritt

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Near Alta Bates Summit Medical Center and Kaiser hospital

 

Additional Information

Cap Rate:

N/A

Annual Gross Income:

$N/A

Zoning:

Commercial General

Annual Operating Expense:

$N/A

Price per Square Foot:

$256.3

Annual Net Income:

$N/A

Number of Units:

2

 

 

 

Description:

A prime real estate property in an up and coming area. The BROADWAY VALDEZ (BV) aka former “Auto Row” district is attracting big interest for mixed-use projects. SF Business Times article reported that there are more than 900 residential units under construction and more than 1500 units in the pipeline. Newly built CVS drugstore at 29664 Broadway and 25,000-square-foot Sprouts supermarket anchor the larger Shops at Broadway retail project.

This property is zoned (D-BV-4) which allows widest range of uses on the ground floor including both residential and commercial businesses. Upper-story spaces are also intended to be available for a broad range of residential or commercial Activities. Currently, ground floor is a rugged large open space with a roll up door – a blank canvas ready to build to suit projects. A separate entrance to the upper-story space. Upper level is bright and wide-open with walls of windows - great candidate for residential projects.

The BV district has the advantage of proximity to BART, I-580, I 980 & I 24, Lake Merritt and large employers such as Alta Bates Summit Medical Center and Kaiser hospital.


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Alain Pinel Realtors
6211 LaSalle Avenue
Oakland, CA 94611

510.809.1111
 

lic. #1443410
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