2108 Lakeshore Ave - Medical FOR SALE


Oakland, CA 94606- Cleveland Heights
$2,498,000 USD
415-802-1400
2108 Lakeshore Ave, Oakland, CA for Sale
$2,498,000 USD
Medical - FOR SALE
1/25
null | 7% Cap Rate

NEW


2108 Lakeshore Ave
Oakland, CA 94606
Cleveland Heights


HIGHLIGHTS

  • Lake Front Property
  • Flexible Uses
  • Tremendous Value

OVERVIEW

Indulge in the epitome of waterfront sophistication with our exclusive offering: a prestigious 7,817 square foot corner building building with private parking lot nestled on the enchanting shores of Lake Merritt in Oakland. Prepare to be captivated by the allure of panoramic lake views that adorn this remarkable property, seamlessly merging the tranquility of nature with the vibrancy of urban living. Located at the very heart of Oakland, this prime piece of real estate presents an unrivaled opportunity for astute investors and visionary entrepreneurs alike. Imagine conducting business affairs against the backdrop of shimmering waters, where inspiration flows as freely as the lake breeze. Perfect for owner users or developers looking for residential conversion. With its spacious layout and modern amenities, this office building offers a versatile canvas for your professional endeavors. Whether you envision a corporate headquarters with a view or seek to transform this space into a beacon of residential luxury, the possibilities are as vast as the lake itself. Step into a world where every workday feels like a retreat, where the rhythm of city life harmonizes with the serenity of lakeside living. Currently setup as 5 separate office suites 4 of which feature a full bath. This versatile commercial office offers strong potential as a corporate headquarters, a value-add investment, or a residential conversion. Desirable features include on-site parking, a mix of private & collaborative spaces, and a generous layout ideal for various professional services. The building receives rich natural lighting from four exposures, a rarity for a corner lot. Situated on the shores of Lake Merritt, the property enjoys spectacular panoramic water views and easy access to Oakland’s quality amenities. Within a thriving East Bay commercial hub, with almost 15,000 businesses within 2 miles of the property, and daytime employment exceeding 119,000.

FOR SALE DETAILS

PRICE

$2,498,000 USD

PRICE/SF

$320 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

B

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

R80/S4, Oakland

APN/PARCEL ID

023-0412-005-00

ASK ABOUT THIS PROPERTY

Brian MerrioneXp CommercialMore Info
415-802-1400

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Brian MerrioneXp CommercialMore Info
415-802-1400

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