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Commercial Property - 6551 Telegraph Avenue, Oakland, CA

$2,500,000

6551 Telegraph Avenue, Oakland, CA

6551 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Commercial Real Estate for Sale, photo 1 6551 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Commercial Real Estate for Sale, photo 2 6551 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Commercial Real Estate for Sale, photo 3 6551 Telegraph Avenue, Oakland, CA 94609-1113 - $2,500,000 · Commercial Real Estate for Sale, photo 4
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Description

Monumental opportunity to acquire the historic White Horse Inn. This fully leased investment offers a ±7,600-square-foot, two-story mixed-use building features the iconic White Horse bar on the ground floor and five spacious apartment units above. The property is fully occupied and generating strong cash flow, anchored by a triple-net (NNN) lease on the commercial space and near-market rents on the residential units, with on-site parking for each unit on 7,770-SF corner lot. Location a very short distance to UC Berkeley Campus in wonderful and convenient North Oakland Neighborhood. The White Horse bar is a renowned Bay Area landmark and is widely recognized as the oldest continuously operating gay bar in the United States.

Property details

Year built
1930
Property type
Commercial Sale
Lot size
7,841 sqft

Location

6551 Telegraph Avenue • Oakland, CA 94609-1113

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Listed by

Tamara Spokane · CITRINE ADVISORS, INC.

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Listing courtesy of CITRINE ADVISORS, INC.. Information deemed reliable but not guaranteed.

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