6 32 W Gra nd Ave rd S t Oa k l and, CA
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1 6 32 W Gra nd Ave rd S t Oa k l and, CA O FFE R ING PAC KAGE OAKLAND COMMERCIAL BUILDING & CONTIGUOUS LAND OPPORTUNITY $1,500,000 Two Parcels Totaling ± 7,320 Land Size ± 3,080 Building SF
2 PROPERTY SUMMARY OFFERING SUMMARY California Capital & Investment Group is pleased to present this Oakland commercial building and contiguous land opportunity. The property consists of two parcels located in Downtown Oakland and is currently an art studio with a large lot behind the building. The two parcels are ideal for a user with great potential for development. Local cafes, eateries, and many other amenities are within walking distance to the building. There is easy access to the 980 freeway and AC Transit bus lines. This is a phenomenal opportunity to acquire commercial real estate in an extremely fast growing market. PROPERTY DETAILS Address: 632 W Grand Ave & rd Street Oakland, California County: Alameda Assessor Parcel Number: 632 W Grand: rd St: Year Built: 1965 Building Size: 632 W Grand: ± 3,080 GSF Lot Size: 632 W Grand: ± 3,870 SF rd St: ± 3,450 SF Total: ± 7,320 SF Zoning: Click here for zoning: CBD-X Potential development per the City of Oakland: Height Area 2 which allows for 85 high building FAR: 6 Unit Density: 200 SF of lot area per unit All of the development info provided needs to be independently verified with the correct governmental agencies by all parties. We make no warranty to the accuracy of the information outlined above.
3 PROPERTY SUMMARY PROPERTY HIGHLIGHTS 2 Parcels with Street Frontage on West Grand Avenue & 23rd St Site is Ideal for an Owner/User with Potential for Development Ideally Located Near the 980 Freeway which Intersects with All Major Thoroughfares Walker's Paradise: 95 Walk Score Just Blocks Away from Telegraph Ave and Broadway Close Proximity to Thousands of Planned or Under Construction Residential Units with Retail ADDITIONAL INFORMATION Click link to view: Assessor's Map
4 PROPERTY SUMMARY
5 LOCATION OVERVIEW LOCATION SUMMARY In recent years, Oakland has become a popular landing spot for many companies to plant their roots in the Bay Area. Companies like Pandora, Ask.com, and Kaiser Permanente, have all found homes in one of the countries newest premier real estate markets. Most recently two new Class A towers totaling over 1.2 million square feet of rentable office have begun construction in downtown. While national tenants continue to flock to the East Bay, many local establishments have also flourished. The Oakland Fox Theater reopened as a concert venue in December 2009, anchoring the Uptown District. Surrounding this historical location are the ever-growing list of bar's and dining options, including mainstays such as Flora's, Rudy's Cant Fail Cafe, and Cafe Van Kleef. The Oakland Fox Theater hosts a variety of shows and concerts ranging from B.B. King to Green Day, while also housing one of the East Bay's best charter schools, Oakland School for the Arts. LOCATION HIGHLIGHTS Located in the Fast Growing Dowtown Oakland Market Walker's Paradise: Walk Score of 95 Ample Foot & Vehicle Traffic Near The Moran, a Junction Properties Mixed-Use Development Project Currently Under Construction, Consisting of 78 Apartment Units MacArthur Station Transit Village Development: 675 new homes, of which 563 homes will be market rate and 112 units will be below market rate. The development includes construction of five buildings for high density, multifamily housing, with a new 478-space parking garage for BART patrons and guests.
6 DOWNTOWN OAKLAND Transportation 3 LOCATION OVERVIEW 1. Telegraph & 24th: Bus Stop 2. Broadway & Grand Ave: Bus Stop 3. Ford GoBike 5 Local Businesses Hot Spot Yoga The Warehouse 416 The New Parkway Theater Creative Growth Art Center All Out Comedy Theater Amenities Burrito Express Stork Club Telegraph Foreage Kitchen 13. Calavera 14. Double Standard 15. Hella Vegan Eats 16. Drake's Dealership 17. Starbucks 18. Amazonia's Pizza 19. Ike's Sandwiches 20. MUA 21. KP Asian Market Farley's East Smokin Woods BBQ Koffee Pot
Gra nd Ave Oa k l and, CA
3 83 8 Gra nd Ave Oa k l and, CA O FFE R ING PAC KAGE Rare Owner/User Investment Opportunity on Vibrant Grand Avenue $2,400,000 ± 6,400 SF Land Size ± 6,350 Building SF or guarentee, expressed or implied,
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