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1000 86Th Ave, Oakland, CA 94621

Commercial property

1000 86Th Ave, Oakland, CA 94621 Sold November 2023 CRMLS
$650,000Sold November 2023

Listing Agent: Stacy Gilbert (DRE #01350631) · Listing Office: Venture Sotheby's Intl Rlty · Contact: 925-359-9600 · Bought with: Lou Sanchez · Re/Max Accord · MLS #41039472 · Source: CRMLS

2.30%
Cap Rate
$14,944
NOI
0.10 ac
Lot Size
1963
Year Built
HBX
Zoning
Commercial property
Type

About this commercial property

Here is a multi tenant light industrial building for sale, located in a mixed commercial residential neighborhood of Highland and Coliseum area of Oakland. Access to I-880, BART station within 1.5 miles and Oakland Int'l airport merely 3.5 miles away. Subject property is zoned Housing and Business Mix-Zone, improved with a 4,300+/- SF building used by multiple tenants. Concrete slab foundation, 14 ft. ceiling height, with restrooms and office build-out, grade level loading doors. Opportunity knocks since the zoning permits a wide range of residential, retail and light industrial uses. This site provides great potential opportunity and Oakland has strong demand for small industrial buildings in the area.

Listing description from the November 2023 sale, as reported to CRMLS.

Sale history

$650,000
Sold November 2023 · on market September 2023 · MLS #41039472 · Source: CRMLS
Listing Agent: Stacy Gilbert · Listing Office: Venture Sotheby's Intl Rlty · Contact: 925-359-9600 · Bought with: Lou Sanchez · Re/Max Accord
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