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2450 Martin Luther King Jr Way
Oakland, CA 94612 Hoover-Foster

Price Upon Request

Storefront Retail Office For Sale  •  3,195 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 3,195 SF
  • Lot Size 0.11 AC
  • Building Class C
  • Year Built 1970
  • Tenancy Multiple
75 Transit Score
96 Walk Score

Highlights

10-unit Mixed-Use Investment Comprised of Five Commercial Units and Five Residential Units with Excellent Upside
Low Maintenance Property Separately Metered For PG&E with Low Annual Operating Expenses
Current Rents 50% Below Market Rate, Providing Huge Opportunity for Rental Upside Upon Turnover or Buyouts
High Demand Rental Location Near Downtown Oakland, Temescal, Berkeley, and San Francisco
Two Commercial and One Residential Unit Delivered Vacant or Leased at Market Rates by Close of Escrow

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 4 min - 1.8 mi
Emeryville (California Zephyr - Capitol Corridor Joint Powers Authority, Capitol Corridor - Capitol Corridor Joint Powers Authority, Coast Starlight - Capitol Corridor Joint Powers Authority, San Joaquins - Capitol Corridor Joint Powers Authority) 6 min - 3.5 mi
Transit/SubwayDriveWalkDistance
19Th St Oakland Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 1 min 12 min 0.7 mi
12Th St Oakland City Center Station (Fremont - Richmond - Bay Area Rapid Transit (BART), Pittsburg/Bay Point - San Francisco International - Bay Area Rapid Transit (BART), Richmond - Millbrae - Bay Area Rapid Transit (BART)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
Metro Oakland International 16 min - 10.4 mi
San Francisco International 34 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 5
Type: Surface
Included in Rent: Yes