PRICE REDUCTION-Office Building Sale 270 Grand Ave 5,950 SF Vacant Office Building Oakland, CA 94610 $1,700,000 ($285.71/SF)
INVESTMENT HIGHLIGHTS
- Perfect for an owner/user or developer.
- Walking distance to top restaurants and entertainment.
- Ramp access to the first floor located at the side of the building.
- Excellent corner location on Grand Avenue across the street from Lakeside Park and Lake Merritt.
- Parking Spaces: +/- 3 to 4 parking spaces.
- Useable basement and large attic space provides substantial clearance above the 2nd story for additional ceiling height
EXECUTIVE SUMMARY
Property Available for Sale or Lease. Sale Price: $1,700,000. Lease Rate: NEGOTIABLE.
California Capital & Investment Group is pleased to present this incredible opportunity to acquire a vacant 2-story
office building with parking located on Grand Avenue just across the street from beautiful Lakeside Park and Lake
Merritt. This is a unique opportunity for a developer to acquire an ideal corner location on Grand Avenue prime for
redevelopment or an owner/user to purchase a built-out office property on Grand Avenue with parking. 270 Grand
Avenue is walking distance to countless great restaurants, bars and entertainment.
California Capital & Investment Group is pleased to present this incredible opportunity to acquire a vacant 2-story
office building with parking located on Grand Avenue just across the street from beautiful Lakeside Park and Lake
Merritt. This is a unique opportunity for a developer to acquire an ideal corner location on Grand Avenue prime for
redevelopment or an owner/user to purchase a built-out office property on Grand Avenue with parking. 270 Grand
Avenue is walking distance to countless great restaurants, bars and entertainment.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,950 SF
Building Class
C
Year Built
1964
Price
$1,700,000
Price Per SF
$285.71
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
1,488 SF
Slab To Slab
10’
Building FAR
1.00
Lot Size
0.14 AC
Zoning
CN-3 & S-12 - CN-3 & S-12
Height Area: 45
Max Residential Density: 450 SF of lot area per dwelling unit = Approximately
13 units (5,970 SF / 450 SF).
Parking
4 Spaces (0.67 Spaces per 1,000 SF Leased)
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Recently Renovated: Upgraded Restrooms New Lighting Painted Current Building Layout: First Floor – Large reception area and break area, six (6) offices, restroom. Second floor: Six (6) offices, restroom, kitchen, large work area and storage space. Attic: Large open space, standing room, windows. Basement: Open areas, storage room, crawl space. Operable windows provide abundant natural light. HVAC. Ramp access to the first floor located at the side of the building. Parking Spaces: +/- 3 to 4 parking spaces.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 5,950 SF | Office | Full Build-Out | Now |
1st Floor
| Size |
| 5,950 SF |
| Space Use |
| Office |
| Condition |
| Full Build-Out |
| Available |
| Now |
1 of 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (74)
Bike Score®
Biker's Paradise (92)
PROPERTY TAXES
| Parcel Number | 010-0772-018-00 | Improvements Assessment | $283,018 |
| Land Assessment | $186,592 | Total Assessment | $469,610 |
