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Listed by Hatim M. Elmashni • Compass, DRE#01484398
$1,599,000
Est. payment /mo
6,725 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Property
Listing Status Pending
Purchase Type For Sale
Square Footage 6,725 sqft
Price per Sqft $237
MLS Listing ID ML82039790
Year Built 1938
Lot Size 0.611 Acres
Property Sub-Type Commercial Property
Property Description
Rare opportunity to own a 6,578± SF commercial building on a 26,572± SF (0.61-acre) lot featuring approximately 50 on-site parking spacesan exceptional parking ratio for Oakland. Positioned on a high-exposure hard corner at Foothill Blvd and Havenscourt Blvd, this property benefits from strong daily traffic counts of 12,767 vehicles on Foothill and 7,218 vehicles on Havenscourt (2025). Formerly the PG&E East Bay Oakland Building, the property offers excellent bones, strong utility infrastructure, and flexible interior layouts suitable for a wide range of commercial uses. Zoned CC-2 (Community Commercial), allowing for Retail, Office, Child Care, Bank, Medical, and Service-oriented uses (buyer to verify). Located in a federally designated Opportunity Zone, providing potential tax advantages for investors. The surrounding 1-mile population exceeds 72,500, with a median household income of approximately $75,700, supporting strong consumer demand. With a Walk Score® of 87 (Very Walkable), ample parking, and outstanding visibility, this is a rare opportunity for an owner-user, developer, or value-add investor seeking scale, flexibility, and long-term upside in East Oakland. 3 Air Conditioning Units, Auto Whole Backup Generator powered by natural gas. 500 AMP .
Location
State CA
County Alameda
Area Oakland Zip Code 94605
Zoning CC-2
Interior
Heating Other
Cooling Other
Exterior
Parking Features Guest / Visitor Parking, Off-Street Parking, On Street, Parking Area
Utilities Available Public Utilities
Roof Type Other
Present Use Vacant
Building
Foundation Concrete Perimeter and Slab, Concrete Slab
Sewer Sewer - Public
Water Public
Others
Restrictions None
Tax ID 039-3276-043-03
Security Features Security Fence
Special Listing Condition Not Applicable
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