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

3450 Lakeshore Avenue is a prime owner-user or value-add mixed-use opportunity in Oakland’s highly coveted Lakeshore District. This two-story building features nine total units, including two ground-floor retail storefronts and seven upper-level office suites. All existing tenants are month-to-month, providing exceptional flexibility for an owner-user or investor seeking to reposition or reconfigure the property. Located along a high-traffic corridor with excellent visibility and strong pedestrian activity, the property is surrounded by national and local retailers including Trader Joe’s, Gap, Peet’s Coffee, and Arizmendi Bakery. The site offers convenient access to public transit and major freeways. 3450 Lakeshore Avenue presents a rare opportunity to acquire a well-located asset with stable in-place income and significant long-term growth potential. 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 Notice.