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$1,690,000
Est. payment /mo
10,000 SqFt
UPDATED:
07/20/2024 10:02 AM
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Active
Purchase Type For Sale
Square Footage 10,000 sqft
Price per Sqft $169
MLS Listing ID MR41066447
Originating Board Bridge MLS
Year Built 1946
Lot Size 4,970 Sqft
Property Description
2303 and 2311 Martin Luther King Junior Way, Oakland, CA 94612. I just listed these 2 vacant warehouses in downtown Oakland. The total space is 10,000 sq ft. Call me for more information These unique properties near downtown Oakland offer an exciting opportunity for developers and investors looking to create a mixed-used workspace or Live/work area in a prime location. Since the building is near BART, the city exempts parking requirements and is also in the Federally designated Opportunity Zone, which provides investors with an attractive tax-deductible benefit. The property consists of 2 adjacent warehouses, each measuring 5000 sq ft., providing a 10,000 sq ft. combined structure. Architectural drawings are available for 10 live/work units for each building. These pre-existing plans offer a significant advantage, potentially streamlining the development process and reducing initial design costs. Since they are located in Oakland, the live/work concept is particularly suited to Oakland's vibrant creative community, catering to artists, entrepreneurs, and professionals who desire a seamless integration of their living and working spaces. While not located in the "Green Zone" for cannabis-related businesses, this property still offers m
Location
State CA
County Alameda
Area Other Area
Zoning RU-4
Exterior
Exterior Feature Concrete, Steel
Parking Features No Parking
Roof Type Tar and Gravel
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Listed by Gary A. Robinson • Metropolitan Realty
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Sharad Gupta
Broker | License ID: 02213637
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