3356-3378 Piedmont Ave
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3356-3378 Piedmont Ave
6,240 SF Retail Building Oakland, CA 94611 $3,385,000 ($542/SF)
Investment Highlights
- Walking distance to Oakland’s premier shopping /retail streets, Broadway and Piedmont Ave
- One mile walk to 19th St Oakland BART station
- PLEASE DO NOT DISTURB TENANT
- In-between the Kaiser Permanente Oakland Medical Center complex and the Alta Bates Summitt Medical Center complex
- Rare corner building on Piedmont Ave with a large parking lot
Executive Summary
Cushman & Wakefield, as exclusive agent, is pleased to present 3356-3378 Piedmont Ave, Oakland, California, a rare ± 6,240 RSF corner stand-alone building with a large, secure, surface parking lot (set on 2 parcels, totaling +/-16,740 SF of land) located at the confluence of Oakland’s premiere shopping/retail streets, Broadway and Piedmont Avenue. This Building is ideal for a owner-user that needs secure, dedicated parking and excellent identity/visibility/signage, or for a merchant builder with a tenant in-tow that wants to be nestled in-between the Kaiser Permanente Oakland Medical Center complex and the Alta Bates Summit Medical Center complex. This site also represents a significant covered land play/re-development opportunity given the property produces income and has a lease in place that can be terminated by the Landlord with prior notice. With a height limit of 45 feet, this site could accommodate a mid-size mixed use development, with potential for density and height bonuses, depending upon a multitude of factors.
PLEASE DO NOT DISTURB TENANT
PLEASE DO NOT DISTURB TENANT
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,240 SF
Building Class
C
Year Built
1950
Price
$3,385,000
Price Per SF
$542
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Land Acres
0.39 AC
Zoning
D-BV-3 - Broadway Valdez District Mixed Use Boulevard - 3 Commercial Zone
Parking
30 Spaces (4.81 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (85)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $109,128 | |
Land Assessment | $224,747 | Total Assessment | $333,875 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$224,747
Improvements Assessment
$109,128
Total Assessment
$333,875
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3356-3378 Piedmont Ave
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