List Price: $868K

Listing Status: Active

Days on Market: 7

0 Bedrooms · 0 Bathrooms

Property Type: CommercialSale

Lot Size: 4,791.6 sq ft

MLS Number: 41148883

About This Property

DEVELOPERS & INVESTORS — RARE WEST OAKLAND INFILL DEVELOPMENT OPPORTUNITY! Approximately 4,791 SF lot with an existing approximately 1,800 SF freestanding building, offering a unique opportunity to acquire and reposition an infill property in West Oakland. Zoned HBX-2 with S-13 Affordable Housing Combining Zone, the site offers significant potential for residential, mixed-use, and affordable housing development, subject to City of Oakland requirements and approvals. The S-13 designation provides qualifying affordable housing projects with a streamlined Ministerial Design Review process and may provide additional flexibility related to development standards, height and residential density. The existing structure features approximately 14-foot ceilings, a roll-up door and an open industrial-style configuration, providing immediate utility for storage, warehouse or other permitted uses while development plans are evaluated. The real opportunity is the site itself — a 4,791 SF infill parcel with an existing structure and zoning that warrants serious consideration by developers, builders and investors. Convenient West Oakland location with access to Downtown Oakland, major transportation corridors and the Port of Oakland. Property offered AS-IS and requires work. Bring your architect, builder and development team. Buyer to independently verify zoning, permitted uses, development standards, height, density, setbacks, lot coverage, development capacity, and all potential residential, affordable housing, and mixed-use opportunities with the City of Oakland

Listing provided by: Victor Shakir DRE #00532590 510-798-4322 vhshakirrealty@yahoo.com, V.H. Shakir Realty