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3640 Grand Ave

11,347 SF 81% Leased Office Building Oakland, CA 94610 $5,100,000 ($449/SF)

Investment Highlights

  • Great Owner-User or Investment Opportunity
  • Close proximity to amenities
  • Easy Access to I-580
  • Secured onsite parking
  • Adjacent to the Oakland Hills
  • Diversified Rent Roll

Executive Summary

3640 Grand Avenue is an excellent opportunity for an owner-user or value-add investor. The building is well-located along the Grand Avenue corridor adjacent to the affluent Oakland Hills. There are sixteen (16) onsite secured parking stalls. The building is within walking distance to numerous retail and restaurant amenities. The location also offers convenient access I-580. There is currently ±4,415 rentable square feet (“RSF”) of vacant space in the building which represent 38.9% of the total RSF. The largest contiguous block of vacant space is located on the second floor consisting of ±3,383 RSF. Based on the flexibility of the rent roll there are additional expansion opportunities that can be explored which are contiguous to the second floor vacancy. The building is currently occupied by fourteen (14) tenants making it ideal for a buyer seeking the stability of a diversified rent roll. This asset also offers exceptional flexibility for an owner-user to scale their footprint up or down depending on the current or future needs of their business.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,347 SF
Building Class
B
Year Built
1961
Price
$5,100,000
Price Per SF
$449
Percent Leased
81%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,674 SF
Slab To Slab
10’
Building FAR
0.99
Lot Size
0.26 AC
Zoning
CN-3 - Neighborhood Commercial
Parking
16 Spaces (1.41 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 102
  • 555 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 105
  • 327 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 200
  • 2,478 SF
  • Office
  • Spec Suite
  • 30 Days

Beautifully renovated professional office suite with a conference room, 4 private offices, open workspace, reception area, kitchen and copy/storage room. Corner suite with operable windows on both sides. Central heat and air-conditioning.

  • 2nd Fl-Ste 203
  • 322 SF
  • Office
  • -
  • Now

Professional office suite with reception area and private office. Operable windows. Central heat and air conditioning.

  • 2nd Fl-Ste 211
  • 905 SF
  • Office
  • -
  • Now

2 large private offices . Reception area. Conference room.

Space Size Space Use Condition Available
1st Fl-Ste 102 555 SF Office - Now
1st Fl-Ste 105 327 SF Office - Now
2nd Fl-Ste 200 2,478 SF Office Spec Suite 30 Days
2nd Fl-Ste 203 322 SF Office - Now
2nd Fl-Ste 211 905 SF Office - Now

1st Fl-Ste 102

Size
555 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 105

Size
327 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 200

Size
2,478 SF
Space Use
Office
Condition
Spec Suite
Available
30 Days

2nd Fl-Ste 203

Size
322 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 211

Size
905 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 102

Size 555 SF
Space Use Office
Condition -
Available Now

1st Fl-Ste 105

Size 327 SF
Space Use Office
Condition -
Available Now

2nd Fl-Ste 200

Size 2,478 SF
Space Use Office
Condition Spec Suite
Available 30 Days

Beautifully renovated professional office suite with a conference room, 4 private offices, open workspace, reception area, kitchen and copy/storage room. Corner suite with operable windows on both sides. Central heat and air-conditioning.

2nd Fl-Ste 203

Size 322 SF
Space Use Office
Condition -
Available Now

Professional office suite with reception area and private office. Operable windows. Central heat and air conditioning.

2nd Fl-Ste 211

Size 905 SF
Space Use Office
Condition -
Available Now

2 large private offices . Reception area. Conference room.

Walk Score ®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
011-0844-032-01
Land Assessment
$1,706,715
Improvements Assessment
$2,503,182
Total Assessment
$4,209,897
  • Listing ID: 32250000

  • Date on Market: 6/25/2024

  • Last Updated:

  • Address: 3640 Grand Ave, Oakland, CA 94610

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