801-821 Webster St

This investment opportunity is for the fee simple interest in 821 Webster, improved with a two-story mixed use building. With current cap rate of 8.2, there are 4 retail spaces and 10 residential units. It consists of reinforced concrete construction built in 1937. Located at the corner of Webster St. and 8th St., in the heart of Chinatown. The total building area is approximately 13,705 square feet excluding the basement area. 821 Webster is two story building located in the heart of Chinatown of Oakland with a walk score of 100. The building is centrally located in Oakland's CBD area only a nine minute walk to the 12th street BART station and the Lake Merritt BART station. Oakland's solid transportation infrastructure has allows residents and reliability when traveling to the Bay from San Francisco. 821 Webster offers an exceptional downtown location that is only two block walk to Broadway or city center BART station. The prime downtown location has easy access to bus lines and multiple freeways. Downtown Oakland has undergone a building boom for apartments and condo units providing ample housing for employees and there are plenty dining options all within the Immediate area. Nearby are courthouses and Oakland's city hall, and Jack London square with its many restaurants and breweries is an easy bus ride or 10 minute walk.