Property for Sale or Lease

Oakland For Sale - Commercial/Warehouse & Office by the Coliseum - Green Zone/Opportunity Zone
Oakland Owner-User warehouse & office bldg - Green Zone
PROPERTY OVERVIEW

Rare opportunity for an owner-user or investor to purchase a unique warehouse/office building located in both Oakland's Green Zone and Opportunity Zone. With plenty of room to expand, this block construction building built in 1991 originally for use as a film studio comprises approximately ±3,289 square feet of usable space situated on a ±16,891 SF (0.39 AC) corner lot.



LOCATION OVERVIEW

The property is conveniently located 0.4 miles from the Coliseum BART station and has easy access to I-880, Oakland Airport, and Hegenberger Road. It is in the City of Oakland's Green Zone and Opportunity Zone. As a result, all cannabis related uses except for volatile manufacturing are eligible for permit application (buyer to verify).



EXPANSION POTENTIAL

The building is currently 1/3 warehouse (±14.5 ft clearance) and 2/3 office containing a full kitchen and two bathrooms. With expansion in mind the original construction drawings show a second story and a larger footprint, which if built, could qualify for the Opportunity Zone tax break (buyer to verify). CIX-2 zoning allows for a FAR of 2.0/4.0 with a maximum height limit of 55 ft.



Property Brochure https://buildout.com/website/525639-sale

 
Contact Information
phone: (925) 627-6027
Offer Valid: August 1, 2019January 31, 2020
Commercial Brokers Association