1240 47th Ave - Warehouse FOR SALE


Oakland, CA 94601- Middle East Oakland
$1,200,000 USD
510-898-2122
1240 47th Ave, Oakland, CA for Sale
$1,200,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

1240 47th Ave
Oakland, CA 94601
Middle East Oakland


HIGHLIGHTS

  • Equipment-heavy and infrastructure-heavy. Fully built out for food production and ideal for catering operations, ghost kitchens, or commissary use
  • Second floor office area, storage space, 2-car garage, new camera and alarm system
  • Fully sprinklered. All kitchen infrastructure is in place; equipment is negotiable
  • 2 restrooms. 2 large walk-In refrigerator and freezer units. Washable walls, floor drains, and mop sink
  • New kitchen flooring, new water heater, new grease trap installed. Sewer lateral certificate is valid (won’t need new one for sale).
  • Located in high-demand region with easy freeway access

OVERVIEW

PARCEL SIZE: ±0.07 Acre APN: 034-2 55-01800 Equipment-heavy asset. Unique “turn-key” Oakland commercial kitchen facility/property for sale. This is not just a building. It is a heavily equipment-weighted asset – and that changes everything from a tax standpoint (see “Bonus Depreciation Info” on page 3 of brochure). A rare opportunity – all kitchen infrastructure is in place; equipment is negotiable. Buyers should consult their CPA regarding specific eligibility and current bonus depreciation percentage. This property is different because it is equipment-heavy and infrastructure-heavy. It is not just square footage – it is accelerated depreciation potential. Former USDA-approved meat factory. Second floor office area. 2 restrooms. 2 large walk-In refrigerator and freezer units. Washable walls, floor drains, and mop sink. Two-car garage. Storage space. Security system. Fully sprinklered. Sewer lateral certificate is valid (won’t need new one for sale). Fully built out for food production and ideal for catering operations, ghost kitchens, or commissary use. New roof. New fire suppression system. Up to date and Code Fire Sprinkler System. Recent hood balance air test/report. Updated electrical for ovens. Required environmental health improvements made. New kitchen flooring. New water heater. New grease trap installed. New camera and alarm system. Located in a high-demand region with easy freeway accessibility between both I-880 and I-580; close to I-80, Oakland International Airport, and the entire San Francisco Bay Area.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$343 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Turn-Key Commercial Kitchen Facility/Property

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Food Processing, Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.08

LAND SF

3,485

ZONING

CIX-2

APN/PARCEL ID

034-2255-018-00

ASK ABOUT THIS PROPERTY

Jonathan NewmanGordon Commercial Real Estate BrokerageMore Info
510-898-2122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonathan NewmanGordon Commercial Real Estate BrokerageMore Info
510-898-2122

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.