3450 Lakeshore Ave - Office FOR SALE


Oakland, CA 94610- Lower Hills District
$1,350,000 USD
415-786-3662
3450 Lakeshore Ave, Oakland, CA for Sale
$1,350,000 USD
Office - FOR SALE
1/23
null | Request Cap Rate

3450 Lakeshore Ave
Oakland, CA 94610
Lower Hills District


HIGHLIGHTS

  • Prime location in Oakland’s Lakeshore commercial district
  • Flexible lease structure with immediate leasing opportunity
  • Solid upside potential
  • Market cap rate 8.40%
  • Ideal for value-add investors, owner-users, or 1031 exchange buyers

OVERVIEW

Well-located commercial asset in the heart of Oakland’s Lakeshore retail corridor. The 2-story building features 9 commercial units—2 ground-floor retail spaces and 7 upstairs private offices. With 6 tenants in place on month-to-month leases and 3 vacant offices, the property offers immediate lease-up potential, owner-user flexibility, and long-term repositioning upside. Situated along a high-traffic pedestrian corridor with excellent visibility and nearby freeway access, this property is ideal for investors seeking stable in-place income with value-add potential. Neighboring retailers include Trader Joe’s, Arizmendi Bakery, Peet’s Coffee, and more. Trust Sale, No Court Required. Offers as presented. Contact Louis Cornejo for info and showings. Pre Escrow opened with Michael Demers and Old Republic Title in Oakland. Broker's Note: This is an As-Is Trust Sale, 3rd party property inspections provided are for informational purposes only, & buyers & agents should not rely on them for making offer or purchase decisions. Buyers are advised to get any & all inspections they deem necessary. Buyers should also verify all square footage & any & all room counts, room and use legality & permit history for themselves. To schedule viewing, request OM or receive disclosures, email Louis at louis@urbangroupsf.com.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$441 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mixed-Use Asset in Lakeshore District

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

2,017 SF

ZONING

-

APN/PARCEL ID

011-0883-056-01

ASK ABOUT THIS PROPERTY

Louis CornejoUrban Group Real EstateMore Info
415-786-3662

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Louis CornejoUrban Group Real EstateMore Info
415-786-3662

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