3450 Fruitvale Ave - Bank FOR SALE


Oakland, CA 94602- Lower Hills District
$1,700,000 USD
925-974-0237
3450 Fruitvale Ave, Oakland, CA for Sale
$1,700,000 USD
Bank - FOR SALE
1/2
null | Request Cap Rate

3450 Fruitvale Ave
Oakland, CA 94602
Lower Hills District


HIGHLIGHTS

  • Perfect owner/user opportunity with opportunity to qualify for SBA financing.
  • Highly visible free-standing retail/office building at signalized intersection of Fruitvale Avenue and MacArthur Blvd.
  • Flexible CN (Neighborhood Commercial) zoning allows for a variety retail, office and professional uses.
  • Easy access to Interstate 580.
  • Busy pedestrian retail area within a block of Safeway, Farmer Joe’s market and CVS pharmacy.

OVERVIEW

Newmark, as exclusive advisor, is pleased to offer the opportunity to acquire the fee simple interest in 3450 Fruitvale Avenue (the “Property” or “Branch”) in the Dimond District neighborhood of Oakland, California within the San Francisco Bay Area. Formerly a bank branch, the single-story Property consists of an approximately 6,787 square foot single story building situated on approximately 0.31 acres and will be delivered vacant at the close of escrow.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

-

APN/PARCEL ID

028-0905-001-00,028-0905-011-02

ASK ABOUT THIS PROPERTY

Forrest GherloneNewmarkMore Info
925-974-0237

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Forrest GherloneNewmarkMore Info
925-974-0237

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