416-420 15th St - Storefront FOR SALE


Oakland, CA 94612- Lakeside
$3,200,000 USD
510-465-8000
416-420 15th St, Oakland, CA for Sale
$3,200,000 USD
Storefront - FOR SALE
1/6
null | Request Cap Rate

416-420 15th St
Oakland, CA 94612
Lakeside


OVERVIEW

This rare offering presents 7,348 square feet of commercial space spanning three well-maintained buildings with a private entrance, located in a prime downtown Oakland location. The property benefits from significant recent zoning changes enacted by the City of Oakland in 2024, which enhance its flexibility and long-term potential. Now designated under the D-DT-P zoning classification (formerly CBD-P), the site supports a wider array of ground-floor uses aimed at increasing community activation. Importantly, custom manufacturing is now a conditionally approved use—creating a unique opportunity for light industrial tenants to occupy space in a location where this use was previously restricted. Additionally, the zoning allows for high-density residential redevelopment, including work/live configurations, with the potential to support a 4- to 5-story project on the existing footprint. This site is well-positioned to meet future housing demand as market conditions evolve. The buildings themselves have been exceptionally well cared for, with consistent capital investments from ownership. This commitment has ensured a high-quality, functional environment for the current tenant’s diverse operations, preserving both asset integrity and tenant satisfaction. 420 15th Street represents a compelling opportunity for investors or owner-users seeking a flexible, well-located asset in downtown Oakland with a strong foundation, future development upside, and positive zoning momentum.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$711 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1913

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

CBD-P

APN/PARCEL ID

008-0622-003-00

ASK ABOUT THIS PROPERTY

Ted AndersonCushman & WakefieldMore Info
510-465-8000

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Ted AndersonCushman & WakefieldMore Info
510-465-8000

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