2944 Webster St - Office FOR SALE


Oakland, CA 94609- Pill Hill
$1,145,000 USD
415-710-7284
2944 Webster St, Oakland, CA for Sale
$1,145,000 USD
Office - FOR SALE
1/26
null | 6.57% Cap Rate

2944 Webster St
Oakland, CA 94609
Pill Hill


HIGHLIGHTS

  • Ideal Pill Hill location near Alta Bates Sutter Medical Center
  • New roof, subpanels, and refinished oak floors
  • Built 1935, 3,262 SF on 6,044 SF lot
  • Two-story flex-use with unlimited possibilities
  • Two full kitchens — flexible live/work configurations
  • Walking distance to MacArthur & 19th St BART stations

OVERVIEW

A charming two-story mixed-use property built in 1935, nestled in Oakland's coveted Pill Hill neighborhood, just steps from the new Alta Bates Sutter Cancer Center and the lively corridor between Telegraph and Broadway. With 3,262 square feet of flex-space, this property is as versatile as it is full of character. The upper level offers exciting potential to create a two-bedroom apartment with a full kitchen and bath — occupying roughly half the upstairs — while the remaining space lends itself to office or studio use. Two kitchens, one upstairs and one down, with flexible zoning, make the configuration possibilities nearly endless. Recent renovations include new electrical subpanels, a new roof, and newly refinished hardwood oak floors. For the owner-operator, this is a rare find — live or work in part of the building while leasing the rest, then expand into the space as your business grows. Long-term value-add exists as well with the potential for 24 market rate units. Charming, adaptable, and brimming with potential — The McKinnon Building is your next chapter.

FOR SALE DETAILS

PRICE

$1,145,000 USD

PRICE/SF

$651 USD /SF

CAP RATE

6.57%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The McKinnon Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1935

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,011 SF

ZONING

D-BV-4

APN/PARCEL ID

009-0701-014-00

ASK ABOUT THIS PROPERTY

Nathaniel ReinkeKW Advisors East BayMore Info
415-710-7284

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

Nathaniel ReinkeKW Advisors East BayMore Info
415-710-7284

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