5555-5559 Claremont Ave
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5555-5559 Claremont Ave
4,256 SF 100% Leased Retail Building Oakland, CA 94618 $2,099,000 ($493/SF)
Investment Highlights
- Attractive Seller Financing Available
- Restaurant/Retail Owner User Opportunity
- High Foot Traffic And Vehicle Counts And Convenient To Public Transposition
- High Visibility Location In Prestigious Rockridge Location
- Proximate To The Rockridge BART Station And College Avenue's Renowned Shops And Restaurants
Executive Summary
ATTRACTIVE SELLER FINANCING AVAILABLE.
5555 Claremont Avenue presents an excellent investment opportunity in Oakland's prestigious and affluent Rockridge District. This highly visible three-unit retail property offers a total of 4,256 square feet of rentable space, consisting of two (2) retail units (5555 - 5559 Claremont Avenue) and two (2) residential units (557 - 559 Forest St).
The property is ideally located within walking distance of BART's Rockridge Station, as well as the popular shops and restaurants on College Avenue. Additionally, it's conveniently close to Highway 24, providing easy access to the greater Bay Area.
Rockridge has been recognized by Money Magazine as one of the "best places to live," and the neighborhood boasts attractions like the prestigious Claremont Country Club. Dreyer's Ice Cream also maintains its international corporate headquarters in this vibrant and picturesque community.
5555 Claremont Avenue presents an excellent investment opportunity in Oakland's prestigious and affluent Rockridge District. This highly visible three-unit retail property offers a total of 4,256 square feet of rentable space, consisting of two (2) retail units (5555 - 5559 Claremont Avenue) and two (2) residential units (557 - 559 Forest St).
The property is ideally located within walking distance of BART's Rockridge Station, as well as the popular shops and restaurants on College Avenue. Additionally, it's conveniently close to Highway 24, providing easy access to the greater Bay Area.
Rockridge has been recognized by Money Magazine as one of the "best places to live," and the neighborhood boasts attractions like the prestigious Claremont Country Club. Dreyer's Ice Cream also maintains its international corporate headquarters in this vibrant and picturesque community.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,256 SF
Building Class
C
Year Built
1929
Price
$2,099,000
Price Per SF
$493
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.89
Lot Size
0.11 AC
Zoning
R-4 - multiple-family residential units
Frontage
Amenities
- Signalized Intersection
Walk Score ®
Walker's Paradise (94)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 016-1384-004-00 | Improvements Assessment | $1,334,228 |
| Land Assessment | $656,178 | Total Assessment | $1,990,406 |
PROPERTY TAXES
Parcel Number
016-1384-004-00
Land Assessment
$656,178
Improvements Assessment
$1,334,228
Total Assessment
$1,990,406
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5555-5559 Claremont Ave
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