700 Franklin Street is a two-story commercial building located at the intersection of Franklin Street and 7th Street in Oakland's Chinatown district. The property was constructed in 1921 and contains approximately 11,250 square feet. The building includes elevator service, private restrooms, and frontage along both Franklin Street and 7th Street. The site is zoned D-LM-2 (Downtown Mixed-Use) and is positioned near the 12th Street/Oakland City Center BART Station and multiple AC Transit routes. Historical occupants have included the Legendary Palace Restaurant and Cinnamon Tree Dim Sum restaurant. The property is located within Oakland's downtown core, surrounded by retail, restaurant, commercial, and transit-oriented uses.