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$868,000
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 41148883
HOA Y/N No
Lot Size 4,791 Sqft
Property Description
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
Location
State CA
County Alameda
Zoning IND
Interior
Fireplace No
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 4791
Others
Tax ID 6332
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Listed by Victor Shakir V.H. Shakir Realty #00532590
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Lucio Real Estate Group
Broker Associate License ID: 01893011
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