5526 Martin Luther King Jr Way - Storefront FOR SALE


Oakland, CA 94609- Santa Fe | 
$949,000 USD
925-267-7200
5526 Martin Luther King Jr Way, Oakland, CA for Sale
$949,000 USD
Storefront - FOR SALE
1/9
null | 10.12% Cap Rate

5526 Martin Luther King Jr Way
Oakland, CA 94609
Santa Fe


HIGHLIGHTS

  • Great Exposure with Multi Purpose Usage such as food related, Retail, Showroom, Warehouse and more.

OVERVIEW

Rare Opportunity, Seller Financing, It’s for Sale and Short or Long Term Lease, Seller is open to any Offer. Owner User or Investments in North Oakland, Berkeley Boarder. It contains two Spacious Spaces side by side with High Ceiling. Space A is Restaurant Related, all Current set up are Included!!! Take over the Restaurant, with all Equipment of a Second generation Established Restaurant and Cocktail Bar (Currently without Alcoholic License and Must Apply). Space B is suitable for (Retail/Office/Showroom or Warehouse). Busy Traffic, Great Visibility. This storefront building is ideal for an owner-user or investor. Built in 1910, the property features two units (A & B) and sits on a 0.10-acre lot with 61’ frontage on Martin Luther King Jr Way. Its prime location boasts a Walk Score of 91 and Bike Score of 100, ensuring excellent accessibility for customers and staff. Higher CAP Rate with Positive Cash flow, Call the Listing Broker for details, situated in high Traffic Area, great exposure in Prime Location, 100% Vacant.

FOR SALE DETAILS

PRICE

$949,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

10.12%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,461 SF

ZONING

-

APN/PARCEL ID

014-1209-019-01

ASK ABOUT THIS PROPERTY

Mario PashaiFirst Capital Investments & FinancialsMore Info
925-267-7200

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Mario PashaiFirst Capital Investments & FinancialsMore Info
925-267-7200

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